Member Info for Richard08

Personally I'm going to hold until mid-January or thereabouts to see if any other offers come out of the woodwork. The recent rise in the price could be down to this news leaking out, as usual...!

Ketan Patel, a director of both ETC and Shanta Gold, said a poor valuation for Shanta and gold miners generally, a lack of liquidity in the miner’s shares and other geopolitical risks had prompted the offer.

Current pressures on Shanta's operating market are to persist for the near term, he added.

My thoughts: good to see an impartial director with no bias selling Shanta for what it's worth....! Geopolitical risks? What a rhetorical argument! Elaborate please!

Anyway, on a positive note, I have enjoyed taking part in the discussions on here. Generally insightful and polite. Not something that can be said for every board. I wish you all well with your other investments.

Unfortunately true regarding the sp, but the company is in a stronger position by year end I would argue. Mistral clearly well advanced, extending sales pipeline and more agreements in place, another huge increase in revenue forecast for the year ahead, etc.

Hopefully 2024 will be the year that central banks cut rates and this will act as a boost for Invinity.

Can't disagree there Cautiousman, the market also appears to be assured and encouraged by the purchase.

Quite probably right HarChris...hopefully the company will be in a strong enough position to sell at (or above?!?) market value! And a good strategic partner will of course provide extra strength and support for the company.

If at all possible they will be after funding from strategic partners rather than issuing further shares. It will be a good indicator as to how well these discussions are progressing, if we don’t hear of any further strategic partnerships by the end of H1 2024, but instead end up falling back on us. That large and increasing pipeline, plus the launch of mistral will hopefully be enough. If central banks start cutting rates early in 2024 then there will be an increasing amount of FOMO even at the corporate level!

Quite a good site that, energy storage news. Surprised the company didn’t take the opportunity to do an RNS mind you.

A very small number of trades, only 171k shares traded according to Hargreaves and Lansdowne... so if they are all sells it's easy for it to go down. And much more noticeable on a day like today where everything else is blue. There is no bad news from the company so patience is required.

Cop 28 has failed (once again) to ban fossil fuels suggesting catalytic converters will be around for sometime yet.

Not news to anyone here already probably but enough to get other people looking for how to invest following this.

Search me. Wouldn’t be the first time that someone knows something that we don’t. If a positive RNS comes out in a few days it will be a proper eye rolling moment!

Unfortunately it doesn't take much to move this stock. What have we had today? 772k shares sold in 117 trades... Out of a total issue of 191 million shares. So sales of 0.5% of the stock moved the sp down by 13%??

Sounds about right for AIM I'm afraid! But, if there turns out to be no company based reason for this sale then an equally small volume can move it back up in short order. We had four decent sales and other good news from 28th July to 3rd Oct and then largely silence. Which means, to my optimistic mind, we are due another sale or two. The 15 MWh Taiwan Sale Secured with 255 MWh Follow-on Order Potential announced last December was meant to start delivery in Q4 2023. So we may get more news on that soon. Hopefully there's some uplifting news around the corner.

Agreed. Moving up into the grown up league. A positive step in the life of the company.

Well Kempen Capital Management N.V. see an opportunity having taken ten %. Hopefully they are right!

Singida had its PFS in 2010, DFS 2014, EIA 2019, Construction 2021-3 and First gold pour March 2023. Covid slowed all that down but only by 18 months or so. It can be a long time...

And we haven't had the economic assessment for West Kenya yet have we? So we could be talking a decade or more depending on whether they can hurry it along given that the company should have enough money to develop this quickly if they choose to do so.

Just reading it now! It is, on the whole, positive and rates it a ‘buy’. The fact that invinity is even being noticed is a good sign.

I would tend to agree Craigb, I have a small holding here but I see no evidence to suggest this is anything other than a good income stock and a well run company that is being dragged down by the market and not through any fault of it's own.

The troubles with Siemens are definitely something to keep an eye on for any consequences with IES. The company have been rather quiet on what they have been doing together, I don't think Siemens have ever made even a reference to Mistral in public? (Correct me if I'm wrong someone?) Having said that though, Siemens is one of the largest employers in Germany so I wouldn't be surprised if they get some help.

Not my broker, apparently trading was halted for a while across AIM while an incident was investigated? I’m getting this from CNBC…

My broker has temporarily halted trading. Admittedly it's only Trading 212 but even so - must be a lot of price movement and heavy trading!

Interesting read from the company here. It mentions that company expectations have had to be unwound re income from storage about part way through the RNS. I’m not quoting exactly there but have a look. High interest rates in a capital intensive environment are bringing the sp down but the company and it’s assets seem to be in good shape. I am holding until relieved here.