Member Info for Slinkyfink

Kids due to go back to school next week. We've been sent a consent letter for lateral flow testing. Says they will be tested 3x at school, but thereafter they will get ones to use at home. Lets hope the switch to home testing is the start of the Avacta rollout!

Looking through the tweets it encouraging to see how many mentions there are of battery storage, mini-grids & using local content.

As I alluded to in my 'Cup and handle' post, I suspect that some of the recent sell off has been because the SP has returned to the highs last seen a year ago. We have to bear in mind that we have actually had strong upward momentum since Oct/Nov last year. Some people who have been under water for the past year would have made their exit. I strongly believe we are on the cusp of a big move up once this consolidation has happened. Google what a classic 'cup and handle' chsart pattern looks like, and you will get an idea of what happens once that consolidation period is complete.

Cup and handle definition:
"As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher."

Anyone else spotted the classic cup and handle pattern we got going on when looking at the SP chart over the past year period?

With vanadium prices on the up, lets hope we get some classic cup & handle action happening now!

For those unfamiliar here is a quick synopsis.

"A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities."

Guess it might explain some of the chunkier sells. Good bought of buying today. I personally have topped up 4x this past week.

Catastrophic? I take it you're being sarcastic...

* on graphene mining, ie. the Vanadium mining isn't even near start.

Oh and I should mention that was an investment in a green fields Vanadium producer, which is focusing the the graphene mining at the moment.

50p might be a way off (or not), but I'm supremely confident in BMN at the moment. This is the year of renewable energy, and I think VRFB's will take an ever increasing stake. Just watching that round table with Andre du Ruyter and Sir Mick Davis the other day prompted me to top up (again).
Even if the energy side of things takes a while to cement value, I believe that the V price upticks are going to start influencing the SP.
BMN the undervalued stock dog... Just look at what has been happening with the SP in Sir Micks investment in Next Resource Materials - 4 bagged in under a month.
The future is bright. The future is battery metals.

Also interesting around 1:50 when Sir Mick Davis who was advocating Vanadium, explains about how they presented their recommendations to the president around people expertise and how there have been big problems in relation to large scale projects. He says "we have to the think of ways to do them incrementally, and grow your capacity on a basis where you can add module to module". That again fits well with the VRFB narrative...

I'm keen for a top up, but this spread is an absolute joke!

Hopefully this hasn't already been posted. Battery built by Invinity so BMN indirectly involved. https://www.current-news.co.uk/news/tidal-flow-batteries-and-green-hydrogen-combined-in-world-first-1-8m-orkney-project

The thing that always gets me is the drop in SP on days when there are way more buys than sells (just like today). Is it just MM's walking it down, or does anyone else have a more informed idea?

Actually maybe labelling it as an article was wrong as it's actually the preface for a paid-for report, but you get the gist...

Suspect this might have been posted before, but just in case not. Interesting to see it's on a Berkshire Hathaway owned site. Vanadium would be a perfect long time play for someone like Mr Buffet.

https://www.businesswire.com/news/home/20200930005420/en/4.8-Billion-Vanadium-Redox-Battery-Markets---Global-Market-Trajectory-Analytics-2012-2019-2020-2027---ResearchAndMarkets.com

Apologies (baie jammer). I think you meant surrounding countries and not what I was suggesting. Look forward to your contributions.

Welcome Bushmaster. It's nteresting that you say you grew up in SA and have knowledge of its surrounding counties. SA doesn't have counties, it has provinces. Hope you are genuine though and don't turn out to be a weekend troll.

"Almost 10,000 people took part in the first phase of the Southampton pilot, where GP staff, other essential key workers, university employees and members of their households were sent tests to their home or place of work and completed them by putting saliva in a pot.

The Department of Health and Social Care said the pilot showed the at-home saliva sampling kit was reliable for large-scale, regular testing."

"Researchers claim to have developed a cheaper, faster method of assembling the field flow plate layers of the membrane electrode assembly used in vanadium redox flow batteries, which they claim outperforms traditional components."

“We have proposed a completely new design of MEA which will facilitate the research process and greatly reduce [the] entrance threshold for new research groups into this area,” said research co-author Dmitry Konev. “In the future, this will help to achieve significant progress and will bring distributed energy resources from [a] niche positioning to [a] very high level of commercialization, including in Russia.”

https://www.pv-magazine.com/2020/08/20/new-russian-design-for-vanadium-redox-flow-batteries/

Good to see all the RND that's happening around VRFB's...

Final numbers not in yet but look at todays buy/sell ratio...

# Trades 264
Vol. Sold 750,670
Sold Value £95.71k
Vol. Bought 4,698,233
Bought Value £599.02k