Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Low liquidity and a sudden surge in popularity seems to have moved it today. Have we got FOMO kicking in for IES? Up 17% on very little trading by 9am already!
Https://www.youtube.com/watch?v=uB5TuIKbG5k
Box markets gives another discussion here - positive about the company. IES is getting noticed.
Good to see the river fort loan repaid. I’m going to curse it now by saying the sp has bottomed out for good….
Must confess, didn’t see it getting this low. But with interest rates pushing higher it became inevitable I suppose. Hopefully this won’t be the thing that breaks as interest rates go higher!
Thanks both. I am still fairly new to this and hadn’t considered the broader implications. In that case it would seem like a good time to buy more and hold until the situation recovers as there is no business risk.
Down like a submarine at the moment - anyone any ideas why? I'm sure I'm missing the bleedin obvious here so if anyone can point out what I'm missing I'll be much obliged.
TIA
Morning all, been watching this one for a while now. I see the DFS was delayed back in 2022 but can't find a mention of it in recent presentations: do we have a ball park date for when it may be published? Or what needs to happen before it will be?
thanks in advance.
Yes… but only on the valuation of the portfolio. Worth remembering the % increases over previous years:
Like-for-like valuation change
2019: 4.3%
2020: 2.5%
2021: 18.8%
2022: 19.4%
2023: (18.5)%
So we are back to approximately the value of 2021. But the sp is much lower reflecting current fears of more interest rate rises (possibly) and the threat to the divi. Pray that interest rates don’t go much higher!
Agreed Mozaz. I’m certainly sticking around for the doubling of revenue! There may well be a Siemens announcement later in the day, but this sounds like a proof of concept in the field to test. So we shall await the data on it.
Well done Invinity! I never doubted you! Good news all round there, let’s see what the market reaction is!
Interesting to hear Larry's comments r.e. the Siemen's deal. Pilot projects this year and further joint public announcements next year. The 'two year' deal seems to have been quietly extended into 'three' but hopefully it will be sooner rather than later. These things do take time. It will be the least expensive battery on the market he says, which has to be a winner.
It was a typo - see the third RNS today which says:
The register and ex-dividend date for the fourth interim dividend in respect of the year ended 31 March 2023 was incorrectly stated in the above announcement as 1 June 2023, the correct register date is 16 June and ex-dividend date is 15 June 2023.
Which, given the drop today, would seem to be a good time to do a top up if you intend on holding this long term.
There was a time where we would have got all excited about a sale of this size. I suppose it shows the growth of the company that we don’t any more! Just need the siemens deal to come together and let us know what’s going on!
Well, tomorrow is D-Day. Two years to the day since the grid scale battery announcement. Let’s hope we have some good news by tomorrow!
We could do with another interview from PA as soon as possible. I suppose until the funding comes in he has little to add to the previous video.
At least with today's further investment they are perhaps in deep enough to offer further support if it's needed? They are clearly determined to keep it afloat. Hopefully PA can get the last bit over the line now!