Intelligent Energy Share Discussion Threads

[ibug] 13/6/2017 13:34

Plenty of Business Growing ---- Its going to be game over for lithium battery cars due to the simple fact of the mass/ weight ratio to energy available. Which means to get a lot more power for higher performance transport like a truck the weight and charging times is prohibitive. And the risk of a lithium battery getting thermal runaway or exploding as some have in phones, laptops and with some Boeing planes combined with the relatively short lifespan of lithium power has given that tech a bad name.

With H2 fuel cells charging times are very similar to the habit of filling up on petrol/ diesel taking only a few mins instead of a much longer wait using batteries; and the range of an H2 car is far further.

Therefore, high volume production of fuel cells at lower costs promise to become very successful in the longer term. That is why some oil dependent major economies are planning to become hydrogen powered instead of the huge cost of importing and distributing fossil fuels.

This picture taken last Friday shows a lot of interest in japan for the technology.

THE PRODUCTION LINES AT IEH ARE GOING TO BE REALLY BUSY imo.

[ibug] 13/6/2017 13:26

The company stated very clearly in the unaudited half year results that interest on the existing 32 million loan was being paid on time and the cash burn covered all expenses including the now much reduced payroll of just 158 employees.

Leading market analysts have estimated revenues for this year to be about 24 million but there is the element of surprise:

Possible Revenues ---- Another way to look at this is by estimating volumes of amount of cross product orders being manufactured in the coming 9 months assuming that their customers show success in their marketing activities: namely those customers we know about already.

For PINC to continue as Americas top UAV provider to corporate America they will need to supply about 10,000 to 20,000 Drone with cameras and software fitted, And Luxfer to penetrate the market in California and New York successfully as they plan to yield orders of lets say 5000 products.

Then as a guesstimate the revenue would be about 35 million. Rising year on year there after.

But for a definitive answer try asking the company if their production lines are busy.

[investorfc expert] 13/6/2017 13:22

Dear Ibug, thanks for details and all probable options. But time is the essence in all this and as per their las trading update they had 13 min cash reserves which burns at the rate of 1.3 mn per month basis, so after December, how the show is maintained is the puzzle? They have to pay their interest, salary and other expenses with a revenue from only JDA. As GTL deal is no no more, company is only depending on JDA revenue and some revenue from luxfer if IEH have sold and invoiced 600 modules. So to have business continuity, human resources funding is of paramount importance else.

[investorfc expert] 13/6/2017 11:04

Dear Ibug, to me, drone market would pick up faster than Suzuki, but Suzuki business would bring more value to the business and shareholders investment. But other than IP valuation, how IEH is going to get funding to maintain liquidity is million dollar question?

[ibug] 12/6/2017 12:29

MORE BUSINESS IS LIKELY TO ARRIVE FROM SUZUKI AND THE 10 YEAR PARTNERING WITH IEH

Suzuki Bergman --- It may be said that the catalyst of change for the Suzuki Bergman will likely happen this summer when the London Police complete trials of the scooter and place their first order. Should that happen then we can start to expect other police forces in the UK and Europe to follow their example.

The Bergman was approved by the EU for mass production in late 2015 and has already been road tested etc. It is currently under going road testing in Japan.

The time is becoming ripe for the first H2 powered scooters and motorcycles to be released because of more widespread availability of refueling stations in the USA, Uk, EU and Japan. Making the scooter a viable commercial opportunity.

[ibug] 12/6/2017 09:40

ADVANCED MANUFACTURING ----- Advanced air cooled fuel cell gets equally advanced assembly line - WMG Partnership with Intelligent Energy

Robert Harrison, Professor of Automation Systems at WMG at the University of Warwick said:

“The project partners bring unparalleled levels of hydrogen know-how from automotive OEMs and recognised leaders in fuel cell and component development and manufacture.”

“WMG will apply its assembly automation research and knowledge to significantly reduce the projected cell assembly cycle times for the new fuel cell by over 75%.

“We will also assist in the implementation of digital manufacturing techniques that will play a crucial quality control role in the fuel cell manufacturing process.”

The project will help develop technologies for large-scale production capability in order to meet expected future requirements of more than 50,000 fuel cell stacks by 2020.

[investorfc expert] 10/6/2017 09:09

IEH has 12 mn cash in hand which may last till March 18. Their newly announced project called DIGIMAN has goal to produce 50000 FC by 2020 in which they are going to lead this project. It means the scientists from IE would be involved till then and the company would exist till 2020 may be with key employees but it is for sure that IEH will not go for closure. Their main source of revenue is engg service fees through JDA and this is their USP and will be key USP till they start selling stacks in market. So far the balance sheet forms the main revenue from JDA which is more credible and sustainable in nature. I strongly believe that this company would go longer than expected.

[dean windass] 09/6/2017 19:38

Nice find ibug. I wonder if or when money will start deserting oil .....

I just looked at this



Set chart to 3 years ..... from mid 2014 .... on this chart, shares in oil companies, when they have recovered from the 2016 lows have not surpassed the highs of 2014 .... long term trends? Thoughts please .... if oil is ultimately not going anywhere .... Norway isn't looking for more ... the prevailing idea seems to be there's no guarantee any new finds will be worth exploiting .... no guarantee the market will be there ... the market supposedly needs to grow to create demand to use existing reserves ....

Here's a good page ... once upon a time, money looking for a home would go into oil companies, amongst other sectors .... is there a trend for that to be less the case now?

[ibug] 09/6/2017 15:48

California is home to the greatest number of stationary fuel cells, while Connecticut and Delaware are home to the largest installations. The report also shows that California’s advanced energy economy is growing six times faster than the overall economy.

The fuel cell industry has seen a consistent growth rate of 30% per year since 2010. According to the report, the Northeast H2 and fuel cell supply chain contributed nearly $1.4bn in revenue and investment.


LARGE CONTRACTS ON THE NEAR TERM HORIZON.

[ibug] 09/6/2017 15:44

The US Department of Energy (DOE) has announced a multi-million-dollar cash injection to advance America’s hydrogen (H2) economy.


The organisation will dedicate $15.8m in funding to develop and advance novel and low-cost materials needed for H2 production and storage and for fuel cells onboard light-duty vehicles.

In total, the 30 selected projects will leverage national lab consortia launched under DOE’s Energy Materials Network (EMN) this past year in support of DOE’s materials research and advanced manufacturing priorities. The projects fall into four key areas.

The majority of projects will focus on the acceleration of the development of advanced water-splitting materials for H2 production. Others will explore possible cost reductions of H2 storage tanks for fuel cell vehicles, viable solid-state materials for onboard H2 storage and catalyst developments.

[filster] 09/6/2017 13:34

@Dean I think your idea of a production line and the reality are quite far apart!

[dean windass] 09/6/2017 13:11

I should also point out that IEH and Suzuki already have a joint venture with a production line ready to go. So many companies co-operating ... IEH with Suzuki, Suzuki with Toyota, Honda and GM ... but, if SMILE FC Corporation (Suzuki and IEH's JV in Japan) are already tooled up to make HFCs, I think there is lots of scope for smaller car manufacturers to source they're super-efficient HFCs from SMILE FC Corporation. Diahatsu, Mazda, Subaru, Proton, TATA, Suzuki (yes, they still make cars) .... then we have motorbikes ..... Kawasaki, Honda, Suzuki ... then there are outboard motors .... Suzuki, Evenrude, Yamaha .... there's an awful lot of stuff that can run on H2 .... now H2 is increasingly being made locally .... and I think a prototype boat has already been sailing for a while ... boats can generate their own hydrogen from solar or wind power and feed it into motors when necessary ... batteries would also make pretty food ballast and could be placed in a keel .... this is the way things are going to go ..... hence the reason why the Saudis are pumping oil like mad .... when oil was 120 bucks a barrel, Hydrogen looked a cheap option ..... Saudi will pump to ensure they have some income stream from oil whilst the planet uses it and to slow the take up of alternative, renewable energies in price sensitive markets.

It should be noted that despite how cheap oil is at the moment, the onward march of hydrogen seems unstoppable driven by worries about climate change and air quality. If, for whatever reason, oil hit 120 bucks a barrel again, I think take up of hydrogen fuel cell driven devices would rise massively and very quickly.

Japan and China are nett importers of oil. It probably makes more sense to rush to hydrogen than wait until oil becomes terribly expensive again before planning a change .... China, now, as far as I know, is the world's biggest importer of oil and is also very keen on hydrogen and renewable energies ..... I think much of the world's remaining oil will stay where it is ... underground ..... I don't know how the oil producers can grow their market for oil ... it'll be interesting to see what they come up with ...... Honda are trialling HFC powered taxis .... HFC powered vehicles will be great for Uber's needs .... some companies like Uber will build their own Hydrogen filling stations to which their driver-free cars return when necessary to be filled up automatically ... 24 hours a day, no staff needed, no pollution .. they may even qualify for grants paid for by higher fuel duty on polluting vehicles .... and if Uber's vehicles avoid congestion charges, they can undercut rivals using ICE powered vehicles which use humans to drive them.

[dean windass] 09/6/2017 12:50

I seem to remember somewhere reading the owners of the loan notes have first call on the patents but, in theory, since IEH appear to be world leaders in producing HFCs with higher efficiency and powers, you'd have thought that much of the rest of the HFC industry uses some of IEH's IP and tech. As HFC production is ramped up world-wide, it's increasingly likely a GROWING income stream is established via the patents with more patents pending ... these may well feature tech used in IEH latest, world-leading tech.

Meanwhile, today's new hydrogen news is non existent ... but this is old but you may not have seen it .... I don't know how many H2 fuel stations this will translate into. We'll see how it all pans out in the UK ... if and when we get some political stability .... meanwhile, IEH have already made it clear they're concentrating on the US, Japan, China and India ..... the latter two countries are developing and will want to develop with technology and infrastructure that will not become obsolete in a few years ... Japan is different because of it's vulnerable to tectonic disturbance and is unsure it can make earthquake and tsunami proof infrastructure and generating capacity. Using hydrogen to power local communities locally makes more sense than having power generated in huge quantities and then distributed over a grid. Once the main generator is wiped out by a tsunami (Fukushima), all places depending on it for power have none so not only are communities run by hydrogen through fuel cells more likely to have power when the next tsunami or earthquake strikes, the implications for radioactive leaks, disasters and dealing with the waste are gone and there should be some improvement in air quality .... which will improve as the uptake of hydrogen vehicles grows.

[ibug] 09/6/2017 11:57

VALUED PATENTS ----- FUTURE FUNDING OPTIONS -- The company have accumulated a great deal of patents, the numbers are approaching 1800+. IEH might be able to off load some of their IP to raise funds as did Ballad Power.

I BELIEVE THAT BALLARDS SOLD SOME PATENT IP TO VOLKSWAGON FOR about 100 million USD last year. And they have far less IP than IEH with their approx: 1800+ patents; every month more patent applications are lodged in the US.

IEH IS CLEARLY A WORLD LEADER FOR PATENT APPLICATIONS IN THE FIELD OF HFC DEVELOPMENT having a highly valuable IP portfolio, especially the 100KW HFC aimed at the automotive market which is currently being productionised with an EU/ Toyota funding grant.

IEH may have a similar deal in the works.

Here are a few recent patents to show the progress:

Intelligent Energy Limited patents

Date Intelligent Energy Limited patents (updated weekly)

04/20/17 Cooling plates for fuel cells
04/13/17 Fuel cell system
04/06/17 Apparatus for determining reactant purity
02/23/17 Flexible fuel cell power system
02/09/17 Connector system for a fuel cell stack assembly
02/02/17 Elastomeric hydrogen reactor with clog-less filter
01/26/17 Power supply apparatus
01/05/17 Fuel cell cartridge
12/08/16 Water recovery in a fuel cell system

[ibug] 08/6/2017 20:25

America committed to investing in the H2 space despite the Trump Rhetoric:

Energy Department Announces $15.8 Million Investment for Innovation in Hydrogen and Fuel Cell Technologies --- author FuelCellsWorks, June 08, 2017

Today, the U.S. Department of Energy (DOE) announced approximately $15.8 million for 30 new projects aimed at discovery and development of novel, low-cost materials necessary for hydrogen production and storage and for fuel cells onboard light-duty vehicles. Selected projects will leverage national lab consortia launched under DOE's Energy Materials Network (EMN) this past year, in support of DOE's materials research and advanced manufacturing priorities.

[ibug] 08/6/2017 20:14

IEH on the OTC/ Nasdaq market gained a little ground today:

0.0820 +0.0049 (6.36%)

Delayed: 10:56AM EDT
OTCMKTS data delayed by 15 mins - Disclaimer
Currency in USD

[norbus] 08/6/2017 17:05

MM did not want it on his book overnight. 19000 v 1000 earlier

[ashtree2] 08/6/2017 16:11

a trade showing at 6.11 when you can get 6.8 for a sale,dont understand the pricing being shown?

[ibug] 08/6/2017 12:25

some more MARKET CONSOLIDATION ON M&A ACTIVITY --- Fuel Cell System Manufacturing LLC Reveals Company Logo

Fuel Cell System Manufacturing LLC (FCSM), the joint venture company established by General Motors and Honda for the production of advanced hydrogen fuel cell systems, today revealed its company logo at an event where local elected officials were recognized for helping bring the operation to metro Detroit. BROWNSTOWN TOWNSHIP, Mich. — Fuel Cell System Manufacturing LLC...

[ibug] 08/6/2017 09:50

Luxfer-GTM might be a prime candidate for buying out IEH after they agreed to joint marketing a few months ago.

Luxfer-GTM moves to efficient new facility

Luxfer-GTM moves to efficient new facility in Port of Catoosa, Okla., significantly increasing manufacturing capabilities.

PORT OF CATOOSA, Okla.—Luxfer-GTM Technologies, a joint venture between GTM Technologies and Luxfer Group (NYSE: LXFR), has moved into a new production facility here in a modern, 2,000-acre industrial park. Situated on the Arkansas River near Tulsa, Okla., the Port of Catoosa is the largest inland port in the USA.

Michael Koonce, president of Luxfer-GTM, said: “This move allowed us to consolidate three separate manufacturing facilities under one roof, which has streamlined and significantly improved our operating efficiencies at a time when our product line is expanding and our sales are growing.”

Located at 5785 Bird Creek Avenue, the new Luxfer-GTM facility features an array of modern material-handling equipment that can accommodate the company’s wide range of products from small pickup-towable trailers to 52-foot-long bulk gas transports. The new facility includes a welding and assembly shop, high-pressure testing equipment and a research and development and test lab, as well as high-pressure filling capabilities for the company’s growing line of hydrogen products.

The facility is now producing products for Luxfer-GTM’s three primary markets: compressed natural gas (CNG), hydrogen fuel cells and industrial gases. Luxfer-GTM products are either gas transports or systems, all of which use lightweight Type-3 carbon composite cylinder technology manufactured by Luxfer Gas Cylinders.

Overview of products produced at the new Oklahoma facility

Small G-Pak™ gas transports, which fit in the back of a pickup truck, are used for refueling hydrogen and CNG vehicles and drones.

At the other end of the hydrogen product spectrum is Luxfer-GTM’s Quadrum450™ transport, the largest hydrogen bulk gas transport on the market today with a capacity more than three times that of the largest steel tube trailer. “Our Quadrum450™ and its sister, the Tridum450™, are changing the way high-pressure gases such as hydrogen and helium are distributed throughout the USA by dramatically lowering distribution costs,” Koonce said.

The GRC™ (gas-recovery cart), a new, portable solution for problems arising from CNG venting, allows natural-gas vehicle maintenance facilities to recover natural gas from a vehicle that is undergoing maintenance, to store the gas temporarily, and then to return the gas to the vehicle—thus mitigating unsafe emissions. “This is the only portable cart on the market that addresses growing concerns about venting gas to the environment,” Koonce said, “and it is out in front of new, stricter regulations mandating changes.”


The CPR™ (constant-pressure refueler) supplies a continuous source of high-pressure hydrogen to fill 5,000-psig tanks used on hydrogen-powered forklifts that are replacing traditional battery-operated forklifts in warehouses of Walmart, Nike, BMW and other leading companies.

ZeroSet™ hydrogen fuel cell generators are the first commercially available, portable, zero-emission, zero-noise power systems that can provide continuous electrical power for up to 18 days before refueling is needed. Fuel cells offer 60 percent operating efficiencies compared to traditional gasoline- or diesel-powered generators, which are only 20 to 25 percent efficient.

“Thanks to our new facility, we now have the capacity not only to build these existing products, but also to keep adding innovative new products to our line,” Koonce said.