Ilika Share Discussion Threads

[paulisi] 14/7/2020 15:53

Price jumped at 3pm - looks like automated trades

[hiddendepths] 14/7/2020 15:34

What just happened?

[tp5588] 14/7/2020 13:33

Fair point although not Ilika’s problem. EDF seem to have made a start with a 43KW rapid charge offering Some Shell stations will even dish out 50KW. They have plenty of time, shed loads of money & a strong imperative to bridge any gaps.

[this_is_me] 14/7/2020 12:36

Charging rate is directly related to the electricity supply capability of the charging point. If it is a 13 amp ring main in your house it will still be slow. You would need an industrial grade instillation of a 3 phase supply to get the charging speeds that the battery pack might be capable of and that sort of supply is going to cost a lot of money to install.

[mauricemonkey] 14/7/2020 10:39

I agree with posters here, massive potential for this company. We really need to start seeing some sales though before we get too carried away.
I have a starter position here I would love to top up, but I'm going to await first proper commercial revenues.

[horneblower] 14/7/2020 09:08

10 minutes would be very acceptable imo, especially as you wouldn't have to stand there holding the nozzle 🕑😩 and could go and have a coffee and a red label bounty bar - yum.

It will be interesting to see how forecourts develop to notify people when their battery's fully charged. Otherwise there will be long queues.

However, I expect this ten minutes is only an aspiration, not yet tested.
I doubt if Ilika has actually tried charging a close-packed block of 600 of their battery sachets yet. Heat dispersal is likely to be a problem.

It's all very exciting. I can't wait.

[tp5588] 13/7/2020 16:49

From memory: Only ever recall 6x faster for Stereax & 10 mins (from an original 20 mins) for Goliath. They have also stated that their materials composition for Goliath has been/is being patented in a pretty water-tight manner.

[Being optimistic] Having both of these formats in the single company is pretty phenomenal.

Obvious point but I’m not sure it’s been stated: Any EV will likely use wireless sensors to reduce strain/extend longevity on/of the main battery. Not sure, but most EV SSB cos don’t have the Stereax equivalent. IKA could potential mop up even where the car manufacture uses an alternative EV battery solution.

The potential with this company is almost too much to fathom.

GP talked recently about their learning curve which was refreshing to hear. They’ve taken their licks early & are now making real progress imo. I think they’ll get there.

[horneblower] 13/7/2020 10:59

Rogk,
Sure, it would.

Just a couple of points...

10 times charging speed applies to Stereax not necessarily Goliath. I don't think Ilika has given any data on Goliath, yet. Charging speed is directly related to battery heating, so wait and see.

My concerns regarding IP still apply. Great to produce a world-saving battery but it's the profitability that counts to us shareholders.

[horneblower] 11/7/2020 12:22

Indeed, Rogk. The magic words "large-scale solid state battery" will undoubtedly light the fire under the share price I can't wait.

[a.fewbob] 11/7/2020 10:30

This company has staggering potential.

[horneblower] 11/7/2020 09:09

Rogk'
It all depends...

Recharging batteries will always take longer than conventional fuel because you're transferring electrons rather than a liquid - the problem being heat. Formula 1 cars seem to fill up in three seconds!

The obvious answer to this is to transfer the battery instead of the electrons. That could probably be achieved in seconds...or perhaps minutes.

I have seen Ilika's prototype battery production line and it is impressive in it's simplicity. They have a history in optimisation of such systems and I'm optimistically hopeful that they will be successful.

However, the process is so simple that only the magic formula of cathode, electrolyte and anode will make it special. There lies the rub.

[horneblower] 10/7/2020 22:29

super,
I don't recognise your allusion to a fuel cell. I don't believe Ilika have ever been associated with fuel cells.
These guys are imo average university science wonks who thought they had a handle on a solid state battery angle...but were wrong. They are now ploughing the relatively rich field of grants and rights issues.
I don't blame them.
It pays their bills.

[supernumerary] 10/7/2020 21:08

hb - that would be true if they had only one possible development path, but that's not the case - they could easily have carried on with the fuel cell work they were doing, or found something else completely different. As you say they're pretty good at the financing game - practice makes perfect - so could have easily changed horses if they'd wanted to.

No, I persist in thinking they expect to get something solid out of this. My cynicism starts to emerge over the question of whether they'll be able to achieve a commercially viable product before someone else eats their lunch. Maybe, but I still have my doubts...

[horneblower] 10/7/2020 14:45

super.
I'm afraid there's a very simple answer to that.
Their jobs are underwritten by cashflow. Cashflow comes from profits or right issues or grants. This is an AIM company afterall and the BOD are pretty good at the latter two.
I find it pays to be cynical.

[supernumerary] 10/7/2020 11:38

hb - I really think they believe they'll get something stronger than just being first. If they didn't think they could get meaningful patent protection, what on earth would be the point of doing the development in the first place?