Member Info for Serge_Farrar

Invinity's broker/nominated adviser reported they were marketing aggressively and ambitious for further contract awards (plural!) before the year end.

Looking back over the pipeline and information that we know.. The Base 'near term' Sales pipeline was 22.8MWh's as of 30th June. Since then 30.8MWh's of sales has been confirmed via RNS. Making the assumption that the 15MWh to Taiwan moved unexpectedly fast and skipped the Base category altogether that leaves a theoretical 7MWh to play for in the 'near term'. Plus of course any other growth in the Base category since June (i.e. leads that may have progressed from the Advanced). There could still be some further good news before year end.

The Interim Results presentation in September provides a breakdown of the 3 sales pipeline categories: Base, Advanced & Qualified. The Base category being the most important as these are the imminent deals entering the final negotiation stage.

From 9min 40: https://www.youtube.com/watch?v=-0C8T3OPgyA

In the presentation this Base pipeline was summarised as 22.8MWH. Since that date there has been 29.3MWh of closed sales RNS'd indicating that a few of the negotiations progressed very rapidly from the Advanced category, skipping the Base altogether or perhaps even came totally out of left-field.

1.3MWh: https://www.lse.co.uk/rns/IES/13-mwh-sale-to-us-datacenter-lj38nzwtwi7t0f9.html
0.8MWh: https://www.lse.co.uk/rns/IES/08-mwh-sale-to-equans-belux-ybxot8daw8r2a10.html
10MWh: https://www.lse.co.uk/rns/IES/10-mwh-california-sale-contract-executed-2iw9j5xzp723bxt.html
2.2MWh: https://www.lse.co.uk/rns/IES/22-mwh-sale-to-taiwanese-resale-partner-j8ft0ipjkd6asc9.html
15MWh: https://www.lse.co.uk/rns/IES/15-mwh-taiwan-sale-255-mwh-follow-on-potential-l2sfgjekl1ixgha.html

It seems that sales momentum is starting to build faster than predicted in the snapshot of that 'moment in time', and all being well we should be due some of the residual Base MWh sales in the 'near term'. Hopefully prospective companies will want to conclude such negotiations ahead of the year end. I would also like to think that since September there have been new additions to the Base category that have progressed from the 66.3MWh of Advanced.

Here's to a vanadium powered Santa Rally.

Chin up Sebo, don’t lose heart. Most people would call a +50% rise in a single day ‘substantial’ but I admire your high standards. Just a little healthy consolidation. Let’s see what next week brings as the significance of the potential 255mwh pipeline (from 1 territory alone) starts to properly sink in.

Reading between the lines sounds like there’s every chance that the remaining ~10mwh from the Base pipeline could arrive in time for a VRFB Santa Rally.

https://www.electrive.com/2022/10/04/analysis-electric-trucks-the-dominant-technology-by-2035/

Saietta discussed from 27mins 15: https://m.youtube.com/watch?v=4Hxw5FNHzZM

VSA Capital's target price is circa 180p. That's where I am looking to over the next 2 years if propelled by a LODE's competition win (fingers crossed), 2023's launch of the next gen battery with Siemens Gamesa + commitment from them on significant orders (why wouldn't they want to push forward at scale with a product they have been co-developing for their very purposes) and the possible snowballing of orders in the US and South Korea as our respective partnerships start to bear fruit (the former stimulated by Biden's latest funding package). On home turf, surely there's more to come with EDF & Pivot Power once the monitoring of the ESO's operational performance is concluded.

Quite a few potential inflection points on the horizon, and all to a backdrop of a growing public & governmental awareness in the importance of energy storage, and set against soaring lithium costs aiding the vanadium pricing narrative. I too won't be selling in the 40's..

Name me one other AIM stock where the CCO consults the House of Commons (Economics Affairs Committee) as an industry leader?

https://invinity.com/invinity-cco-matt-harper-addresses-house-of-lords-economic-affairs-committee/

https://audioboom.com/posts/8136343-tony-gott-vic-kist-of-saietta-discuss-their-agreement-with-major-global-manufacturer-conmet

Perhaps (/wishfully) a contract is close to being secured in the coming week(s) that they want to include in the report.

Any reason for the flurry in buys today?

End of July targeted

Couldn’t agree more Agricore. I can also imagine that the amassing operational data from Energy Superhub Oxford should be building Pivot Power’s confidence in future Invinity partnerships and further roll outs. Let’s also see how we get on with the LODE’s competition..

I’ve also added over last few days.

Great to see that Saietta’s marine division Propel recently won a Red Dot Design Award for the S1 electric outboard motor. Expansion is also underway..

“Call for distributors — As we are ramping up production and planning to expand further into Europe, I'd like to invite marine distributors to get in touch. Specifically, if you are a marine distributor with an established retail network in the D-A-CH region or the Nordics, please get in touch with me (Sander van Dijk) directly.”

“It’s now time, however, to move past them (constraint payments). Government and businesses must have the conversation about how we reach the next stage and target this money in a smarter way – switching the emphasis from constraint to storage.” https://www.windpowermonthly.com/article/1750836/opinion-constraint-storage-–-why-need

You forgot one Chiselhurst:
- Potential ASX dual listing for later this year where peers are many multiples

I believe it is part of the LODES competition. Further details here: https://www.lse.co.uk/rns/IES/invinity-wins-lodes-funding-cotvgq6n27d537n.html

Short & sweet video of the team at the new hub: https://www.sunderlandecho.com/business/jobs-boost-for-sunderland-as-electric-motor-production-company-saietta-relocates-manufacturing-hub-from-china-3639583

https://twitter.com/mylesmcnulty/status/1479046979577602052?s=21

3min 16 is what gets me excited... They see the future potential application for the technology beyond just vehicular. It would be hugely promising if, in time, there are indications of meaningful talks with wind turbine manufacturer's such as Siemens Gamesa / Vestas Wind / Oersted.

And then there's potential agricultural applications...