Member Info for Slinkyfink

Yeah I can confirm as one of those 13.74 buys was me topping up. I suspect the 13.7299 ones afterwards are also buys as I got a buy quote around that price shortly after my purchase.

I came across this and it made me laugh: https://www.rechargenews.com/transition/game-on-tesla-squares-up-against-trump-in-age-of-renewables/2-1-793628

Just out of interest here are the 5 listed as the "The 5 Most Promising Long-Duration Storage Technologies Left Standing"

- Pumped hydro: obviously this is a well know option which has been around for a long time as will remain to be. It is reliant on geographical features though, and not something I imagine would be considered outside of a location which supports this.
- Stacked blocks: aims to avoid the limitations described above. Pretty 'far out' setup IMO, but time will tell as to what sort of traction it gets.
- Liquid air: an interesting one. Don't know too much about them so can't comment on how it competes with VRFB's.
- Underground compressed air: another one which is probably reliant on "geographical features", whether those are man made or pre-existing.
- Flow batteries: won't comment on these as we should all be familiar. Would be interesting to know the pro's and con's of Iron vs Vanadium (beyond what was or might still be a price based one).

I came across this article today which comments favorably on the BMN electrolyte rental model & how it's enabling them to compete against L-ion offerings:
https://www.greentechmedia.com/articles/read/most-promising-long-duration-storage-technologies-left-standing

At number 5 in the most promising long duration storage list (not listed in order of most promising), they discuss Avalon & RedT with mention of Vanadium rental. Quote below:

"Avalon Batteries, arguably the most successful vanadium flow maker in terms of number of systems deployed, found a way around the materials cost challenge. It created an arrangement for renting vanadium from mining companies, which would like to see a new market for their product. By mass-producing turnkey systems in a factory, Avalon has shipped 160 flow batteries, escaping the dead-end little leagues of hand-built pilots. These systems are not long-duration per se, but they compete with lithium-ion batteries on cycle life in high-throughput applications.

On the strength of that showing, Avalon will soon take over U.K. flow company RedT, which innovated commercially but suffered from chronic stock price declines and looming capital requirements.

That deal brought in new investment and marks an unusually positive development for the sector by showing that flow battery M&A activity can take place outside of the bankruptcy-induced fire sale."

In order to see if there have been any ALGW website updates, I occasionally have a look at their auto generated site map which dates the last update. Seems the about us page was updated yesterday. I'm not able to pinpoint the change, but does make you wonder if it's making sure their bios are up-to-date in prep for news release.
https://algwplc.com/page-sitemap.xml

Thanks for the feedback. My brokers website does say that you need to phone them to initiate a Bed & ISA transfer, but glad to hear that it shouldn't be done on the advertised Bid/Ask.

I used up my ISA allowance for this year so have been buying some shares in my regular share account with a view to do a 'Bed & ISA' once the new ISA year open up next month (wouldn't want to get taxed on what could become explosive gains). So I know that in order to do a 'Bed & ISA' my brokers will need to sell out of my regular share account, and then buy back the same shares in my ISA account.
My question is (couldn't find it via Googling): When they do the sell and buy are they doing it at the same price, or will Bid/Ask apply? If Bid & Ask apply then you could get really done over on the spread....

I should clarify... there have been quite a few sells that look like they were quiet likely buys. Particularly around when I did my buy which was @ 8.3

I bought some, and it showed up as a sell. I suspect a lot of the red should be blue.

"As a senior advisor to the government on electricity-related matters, Ms Mokgatle has made contributions that have shaped the country's energy policy."
You wouldn't have thought she would join BMN if it didn't have a place in the countries forward looking energy policy. Very positive!

Maybe it won't have any impact, but I suspect there are a lot of people (like me), who are thinking about the potential rebound that could happen and definitely want their shares bought at these levels held in an ISA. I've got some that I will probably Bed & ISA, but ideally I'd be buying them directly into my ISA.

It's going to be interesting to see what impact the new ISA year is going to have in picking up the UK markets.

ok cool - just got some more @ 8.675. One positive about all of this turmoil is that I'm seriously averaging down!

Incidentally I bought 10994 shares @ 9.05 at around 12:20. Still not showing up in the trades list.

Sorry just seen it posted already. But encouraging comments about battery storage!

Battery storage mention about 5:20 in...
https://www.rmb.co.za/deal/rmb-creates-the-first-fund-with-r1bn-investment-to-fund-renewable-energy-projects

The fact is that many of these people are living in remote locations really does favour energy storage solutions. I imagine the servicing of these is going to also turn into big business. I suppose the energy suppliers will want to carry this out, or do you think 3rd parties will be tasked with this? Obviously it will differ across locations & partners involved, but something so consider in the chain of things.

15x March2020 threads on the first page of this BB... Can't we keep all the comments that fall under that heading within the one thread?

Been packing for a holiday (errr), but that that 20x more lethal comment in the previous post encouraged this one...

There are a lot of varying views on the Coronavirus. These range from it being similar to a less harmful version of the existing flu strain (with longer gestation), through to it being a full on Armageddon type virus that is going to wipe us all out.

I think the former is closer to the truth considering the fatality rates. IMO it's likely to become akin to the mainstream type of 'flu', ie. pretty much what we already have recurring seasonally, but with it's own unique complications. Media is turning this into a frenzy - previously it was SARS, Avian flu, etc. People die of 'flu' every day. A couple years ago my early 80's grandfather in perfect health, got the 'regular' flu and died a couple weeks later. Not to mention my missus, in perfect health, who got regular flu and ended up with pneumonia and streptococcus (thankfully recovered).

This isn't some Ebola type virus that bypasses all immunity. It's very similar to getting the regular flu or cold for most people. They will probably come up with a vaccine, but it may turn out to be like the flu vaccine, which I've personally never taken. I'd rather my body learnt how to fight these things off, and only take pharma as a last resort.

Is the world in crisis? At the moment I'd say yes. Not be because of the virus itself, but because of the hysteria being whipped up around it and the fallout from that hysteria.
The question is what will the downturn look like? The US market was at risk already as it was greatly inflated, particularly with speculative stocks like . Virgin Galactic. The UK has been hit hard, and we can't really say how far and deep this will go at the moment.
What will the world be like going forward: who knows, but when it comes to green initiative companies like BMN, energy storage will forefront (but don't ignore V's use in steel). Once the markets have settled, it's companies like BMN who are going to come back to the fore, and IMO have the greatest growth potential. Those on this board already know why BMN is well positioned to capitalise on the VRBM space going forward.

I've seen similar complaints on another BB over the week.