Just taken from the bmn thread25 Feb 2018 23:43
I have a sell order in for all my shares @ 30p. Will be doubling that in the morning. Just like to reiterate a few words from 21st Feb RNS Christo Fourie, Head of the IDC's New Industries Strategic Business Unit, said: "This deployment moves us one step closer to realising our end-goal for the South African Energy Storage industry, namely the localisation and domestication of energy storage solutions, the local adoption thereof and ultimately the export thereof. During the next year we will support the deployment of multiple "pilot" energy storage installations in collaboration with local or international project partners and technology providers to demonstrate the stacked advantages of energy storage solutions at a distribution level (capital deferral, security of supply, densification solutions, mini grids for new electrification, ancillary services, etc.). We believe that this first pilot installation in partnership with Bushveld Energy and Eskom will demonstrate that energy storage solutions do offer a financially attractive proposition and create the opportunity for a new local industry to be developed through which local mineral resources can be beneficiated and jobs can be created."