Redt Energy Share Discussion Threads

[dr darkstar] 24/10/2016 14:12

A nice easy and steady rise on good volume, just what I want to see as it can sustain

[spoole5] 24/10/2016 13:43

Welcome aboard kallapatar!

[kalapattar] 24/10/2016 13:36

Well, having read everything I can find about RedT and the future possibilities for this type of storage, I have finally taken the plunge and put money where my mouth is! Thanks also to the contributors to this board (well most of you anyway!) for your educational and highly informative posts. My rationale finally comes down to:1. The urgent need to move away from fossil fuels. 2. The inability for current renewable technology to produce a reliable flow when really needed. Especially true for off grid 3. The long term reliability and sustainability of these flow machines (decades). 4. A truly focused and driven CEO5. Massive potential markets6. Prospects for rental of the machines as well as outright purchase7. Outsourcing of manufacturing to a specialist to provide capacity of supply as orders increase8. Off grid and on grid applications.9. A tangible product that is fully developed and proven for a market that is searching and ready for this technology. I'm sure that there will be bumps along the road. As investors we should be prepared for those (and take a 3-5 year view) but I feel that this is the right product at the right time. Good luck all

[dogrunner11] 24/10/2016 13:34

Interesting about Africa, aren't we part of the group that advises the african governments on infrastructure in this regard???!!!! Bodes well IMO, Scott mentioned a larger system that would be 100mw with hours of storage thereof, wonder if that is something they are discussing with an African government? Scott compared it to a mining stock type opportunity if I recall in the investor conference call.... Would cost a few 10's of million that baby, certainly add to our market cap in a significant way.


Here......

Wind, solar almost half the cost of new coal generators in South Africa

By Giles Parkinson on 21 October 2016

The cost of wind and solar energy has fallen so dramatically that wind and solar plants can now be built in South Africa at nearly half the cost of new coal, according to the country’s principal research organisation.

A presentation from the energy division of the Centre for Scientific and Industrial Research (CSIRO, that country’s equivalent of the CSIRO) illustrates the dramatic different in costs, based on tenders held this year for wind, solar and coal and assumed costs for other technologies.

The analysis by Dr Tobias Bischof-Niemz and Ruan Fourie shows that solar and wind are on par on pricing, and are more than 40 per cent cheaper than new baseload coal plants. Solar and wind are at 0.62 rand per kilowatt hour ($A0.058/kWh), with coal at 1.03 rand/kWh ($A0.09/kWh).

It’s a standout result for South Africa, which unlike developed economies has a shortage of power rather than a surplus, so needs to build new capacity to meet the demands of its growing population and economy.

But they also have implications for countries like Australia, which over the next two decades will need to replace much of its existing fossil fuel capacity. Solar and wind, which are following a similar if slower trajectory in Australia (thanks to its policy environment), will present similar price advantages.

Full article here:-

[spoole5] 24/10/2016 13:33

Will be amazed if there's no rns this week after these movements.

[dogrunner11] 24/10/2016 13:31

No wonder the large holders are keeping them held tight, others have been accumulating.

[spoole5] 24/10/2016 13:28

The worry is we get taken out too early.

[pierre oreilly] 24/10/2016 12:37

step 1, 2 bagger, tick.step 2, 10 bagger, in progress.

[swiss tony] 24/10/2016 12:32

Scott comes across as the type of person you want running a company.
Of all the investments I have made over the last 25 years, he is probably the best CEO I have come across. Always nice to be reminded of it, thanks Chas.

[backdoorbill] 24/10/2016 12:08

Sorry, for unknown reasons, that link didn`t work. I will try one more time:-



Chas

[backdoorbill] 24/10/2016 11:17

For any newbies looking in:-

[...]

As Bolgas points out, take particular note from 8mins 32sec.

Chas

[dr darkstar] 24/10/2016 10:10

Chart says next real resistance is 23p which is a 50% plus gain from here .. keep buying guys and gals

[iglenn] 24/10/2016 09:50

Great posts Chas.....we are on the cusp of another revolution and hopefully Redt is an early mover. Dlg posts a lot comparing Pace Micro and he is potentially bang on.

[backdoorbill] 24/10/2016 09:42

And:-

Total’s move could be a sign of how the energy market is evolving away from an emphasis on fossil fuels and toward a mix of renewables and storage. U.S. Secretary of Energy Ernest Moniz has said he is confident the U.S. grid and power system would be completely “decarbonized”—without use of nuclear energy—by the middle of this century. Moniz sees energy storage becoming both more efficient and affordable, making it possible for widespread use to balance out intermittency issues common to solar and wind technologies.


There could be an adapt-or-die moment coming for petroleum producers. The U.S. Energy Information Administration’s “International Energy Outlook 2016” forecasts primarily ­petroleum-based liquid fuels’ share of total world energy consumption to drop to 30 percent by 2040, down from 2012’s 33 percent.


To Laslau, such predictions only emphasize the important role storage, among other advanced energy technologies, should be playing in the supermajors’ acquisition plans, during this time he calls “energy Darwinism.”

“The more astute players in this space realize that, long-term, their revenues will be threatened and declining,” he said. “They can be a passive player, or they can try to be very early to make that shift. If they were to wait another five to 10 years, these companies would become much more expensive.”

Ful report here:-

[backdoorbill] 24/10/2016 09:39

Great find from Bolgas:

Fitch: Battery technology set to disrupt oil industry, boost renewables, autos
Dive Brief:

Rapid advances in battery technology are disrupting industries across the economy, from oil companies to utilities, and could have significant implications for global credit markets, Fitch Ratings says in a new report.

Improvements in battery technology could transform the viability of electric vehicles, which would be credit negative for the oil sector because transportation accounts for 55% of oil consumption, Fitch says.

Utilities also could be negatively affected, but Fitch said renewable energy companies could significantly increase market share as batteries are better able to solve the problem of intermittency.

But reduced demand for transportation fuel “could tip the oil market from growth to contraction earlier than anticipated,” Fitch said, adding that a market with falling demand would be “a lot more risky for all oil companies.”

Fitch says it will be important for energy companies to react early to the potential changes. Many have already taken those steps, diversifying into batteries or renewables or putting more emphasis on natural gas. That kind of diversification will help “guard against the risk that the markets turn against them,” Fitch said.

Full report here:-

[swiss tony] 24/10/2016 09:05

Easy! Always nice to pick up some free shares, back fully invested! :)

[bobby.ifa] 24/10/2016 08:40

False alarm then.

[iglenn] 24/10/2016 08:35

buy now @ 14.5

[iglenn] 24/10/2016 08:24

and here it comes...steam the mm's

[iglenn] 24/10/2016 08:22

yea good trade Tony.....my holding is too small to trade with but I think thats a good call....IF news doesnt come lol

[swiss tony] 24/10/2016 08:20

Plus I think I'll be able to buy back the shares I sold at 14.75 at circa 14.2p later today ;)

[swiss tony] 24/10/2016 08:18

That's why I still have a core holding Spoole. But I trade the big swings with a small pot.

[bobby.ifa] 24/10/2016 08:17

Where's dlg & his Pace Micro reminder! Loving this!