Member Info for Sanchez599

Perhaps they assisted. Not sure how FM's Adobe InDesign skills are!

Probably a case of not switching logins when working at home! Also - Hallgarten have gone very quiet. It seems rather telling that there is a consistent reluctance to be forthcoming with increased valuations across the board.

Agreed Alfa, I think taking SP Angels valuation purely at face value belies the fact that they are working with BMN in a time when substantive deals are being negotiated. It will be interesting to see how close any equity components SP valuation within the Sojitz deal is to the SP Angel target price. Remember JM has many hats to wear. He also still no doubt has II's looking to buy in. I would love someone to put their head above the parapet and go for a realistic longer term view in their valuation but I just don't see that happening until deals are done and H1 interims are out there. IMO of course.

Totally agree Alfa and BBN. I love these discussions. Both of you are an inspiration. It's great to bounce it all around.

BBN, I think we are saying the same thing here. O totally accept them as a benchmark as I mentioned in my post - just not necessarily like for like.

That last sentence of yours is exactly what I am imagining BBN and the main if not the sole reason for my own perspective on things. It's imagining the reality of the BMN of the future that makes the comparisons less meaningful.

Personally I would prefer our valuation to be based upon being a market leader in a new technology VRFB with a rapidly growing mining operation in the world's fastest growing commodity market. A bit different to a company with an offtake agreement based on historic production levels.

I think you have to be very careful with these like for like comparisons with Largo. Our vertically integrated business model is so different, our growth prospects put theirs in the shade, we don't have the debt, we have an asset base that is vastly different in makeup and ownership and our routes to market differ and are more varied amongst other things. In their favour they are listed on an exchange which isn't ineffectual at valuation, knows about mining and responds well to clear, eye-catching RNS whereas we only seem to rise when there isn't an RNS in sight. One thing I have been impressed with from Largo is their RNS' - they know how to write them so they grab the markets attention. Yes Largo is a benchmark but not necessarily a like for like comparison. Mathematical comparisons based on production ignore so much as to be almost irrelevant barring them being another way to highlight the low share price we have.

Well said FF. The communication is an absolute embarrassment. JZ is happy enough to RNS when the price goes up yet, around an 80% drop from yearly highs isn't worth a comment. Dodgy much??????

Still excellent prices and near term demand looking strong. No doubt purchasers will be doing the same as shareholders and buying on the dips. Cheers LS.

VSUN has had over 80 unsolicited requests for domestic VRFB. There is also demand.

Lol snap MTB. That's the one that has been on my mind this weekend!

https://www.energy-storage.news/news/voltstorage-latest-to-try-out-residential-flow-battery-format?utm_source=rss-feeds&utm_medium=rss&utm_campaign=general For example. See ref note on design aesthetic also.

*provides another example

There's a few out there KN, and I agree Alfa we are pretty impotent when it comes to anything involving mass building initiatives that require large scale coordination. However it is great to see California blazing a trail such as the earlier article mentions - at least provides showa another example that not everyone is as useless as our Govt!

Agreed - the point being limiting application because of a size perception is self-defeating and easily overcome with some imagination.

That will be the type of creative thinking that is needed. You could definitely imagine a new smart grid in a new town with streets or areas that had their own bank of VRFB's, forming part of the masterplanning of the whole site.

I think you might be generalising about urban dwellings somewhat. There are plenty of properties of multiple ownership and of the size where that would be absolutely fine to be acvommodated. I wouldn't disregard appropriateness in this area because of how big you perceive a house to be on average. The right design would completely mitigate that point.

And operating at that size would present the opportunity to really streamline the technology into something the consumer could buy into. Obviously there are a few prototypes / concepts out there but it seems like the next natural step has to be mandatory storage of some type otherwise they are essentially mandating wasting some of their energy, as brilliant as mandatory solar panels are. Having spent a weekend at a house with 2 EV's and solar, I have seen exactly how much this tech is needed now at first hand.

https://www.independent.co.uk/news/world/americas/california-solar-power-panels-homes-renewable-green-energy-climate-change-a8337626.html?amp&__twitter_impression=true Mandatory solar panels to be required on new build properties. What a great move. Now someone needs to nail a residential VRFB. Success in the residential field may not be where BMN benefits the most but it would be great to capture the public's imagination - most people could buy into the V narrative - eg lower cost, they prefer their house not to catch fire and to watch their battery degrade. More successful resi efforts may also help move VRFB design away from the shipping container aesthetic that works so well at grid scale but is simply not attractive enough for the home and doesn't really shine in the media visually. The VRFB industry is not particularly eye-catching from a design perspective outside of its functionality - compared to Tesla and powerwall for example. Residential development could certainly help overcome this aesthetically attractive solutions will be demanded alongside superior functionality. It's great to see the world changing so quickly. I am reminded of FM and MN's scenario 4 - 0 VRFB commissioned after 2019. They must have enjoyed adding that tongue in cheek scenario given there is 0 chance of that outcome.