Invinity Energy Systems Share Discussion Threads

[megaman2] 28/11/2023 08:49

I'm right in saying they have a 200 mwh ready annual capacity factory in Canada ??

Seems for a reason..



Probably not enough made of this ...
Just need the orders now and some cash !

[gbcol] 27/11/2023 11:33

Indeed mikemine1, I agree, they were unambiguous on more than one occasion, that we were to expect orders this quarter. It will be very poor indeed if they don’t get any announced before year end. They did announce some in late Nov/Dec last year so I’m still expecting it to happen but the lack of news in recent weeks certainly hasn’t helped the SP, which will have had a corresponding impact on the amount of short term warrants exercised (update on that should be in an RNS this week, which will be interesting).

[yump] 27/11/2023 11:31

For anyone who is new to small company investing, the only main way to reduce risk of dilution is to buy companies that float with a profitable business. Even that is not a guarantee - they might be overpriced on float, do a big expansion spend and have a profit drop.

Dilution comes with the territory with loss-makers - especially those in new markets.

If its that crucial to an investor, best not invest in any more loss makers at all in the future.

[mikemine1] 27/11/2023 10:37

I'm more interested in the orders they were predicting this quarter.

[owenski] 27/11/2023 10:13

IES isn't seeking funding to make an earnings enhancing purchase, the funding is in order to keep the present show on the road and pay the wage bill. So, the pie isn't getting bigger, it will be diluted, a smaller stake in the same pie.

[gbcol] 27/11/2023 10:01

The strategic investors that they are talking with will not only be providing funding but adding value (eg link up with vanadium supplier). So yes there will be equity issued but the pie will be bigger and more profitable. So although there may well be some dilution in terms of shares in issue it is not necessarily the case that this will be to the detriment of existing shareholders.

[megaman2] 27/11/2023 09:41

Interim Rns :

"The Group has been, and continues in, active discussions with a number of potential strategic investors and is confident that it will be able to conclude an equity investment from one or more of such parties within the period up to 31 December 2024 assessed for going concern purposes._

The plan is a strategic partner but it will still be dilution. The only reason it's preferential to a placing is that the shares are less likely to be flipped. However one or more such parties is half way to a placing .

It's still dilution whichever way you look at it .

[hope1815] 26/11/2023 12:01

Thx coddish for the Link Page 26 Paragraph


Case Studies 1 and 2: Examples of longer duration energy storage demonstration
(LODES) competition winners

Invinity Energy Systems Invinity Energy Systems has been awarded £11 million for the VFB LEAD project to build a longer duration, large-scale vanadium flow battery (VFB) that will be deployed at a key node on the National Grid.103 The battery will be the largest ever manufactured in the UK and will perform a broad range of grid balancing services, providing vital flexibility to the electricity network, and supporting the buildout of renewables. Invinity will manufacture the VFB at the company’s factory in West Lothian, Scotland and the project is expected to go live in early 2025.

Reading the rest seems Energy Storage will expand and IES has its foot in the door so to speak

[coddish] 26/11/2023 11:30

UK Government publishes its Battery Strategy today: https://assets.publishing.service.gov.uk/media/6560b0920c7ec8001195be01/uk-battery-strategy.pdfInvinity (Lodes) mentioned on page 26.

[1teepee] 26/11/2023 07:16

Omg it's scruty, hello

[yump] 25/11/2023 19:55

What a sad way to entertain yourself.

[paulsavannah] 25/11/2023 15:40

The one good thing is they have no debt. If they needed a placing to service debt with the current high interest rates that would be far worse.

[owenski] 25/11/2023 11:25

I'd calculate that they'll be out of cash by end of Feb. 24.. 3 months away.

[itsriskythat] 25/11/2023 10:59

I am going to be cautious about making any conclusions from what Andrew Monk said.

What he means is that under the existing forecast, issued to the market, they don't need a placing. Now I start to think about why they might have to change their outlook?

Any number of things have changed since September when the outlook was pretty rosy.

[gbcol] 25/11/2023 10:25

Thanks chester3.

Yes they have been very clear many, many times that funding will come from a strategic investment not a placing. Unfortunately until they get that funding in place rumours will continue but VSA and Andrew Monk are the ones that would be organising any fund raising, as they have in the past, so they are very much “in the know”.

[chester3] 25/11/2023 07:56

Read this!!!

[hope1815] 24/11/2023 22:37

Scrubable the Article is taken from Podcast =

Beyond Lithium: The Rise of Vanadium Flow Batteries in Renewable Energy Time Frame 31.24.



Mentions 350 Million 2 big projects and the other 4 to other areas in the USA.

As you said Article has gone missing, which happens sometimes

[scrutable] 24/11/2023 19:37

from the company's web site:

"Store energy with the safest, longest lasting, and lowest cost per MWh batteries available".....

Either that's true and noone should have big worries about buying this share at such a low price .........or the USA is "nuts" to be planning for large IES vanadium flow storage in six major areas.

Unfortunately I have since failed to retrieve that googled information I came across today.

can anyone 'nail' that information?

[dogwalker] 24/11/2023 17:41

Then there's that tie-up with BMN,the S.African miner, isn't there? Unless it's been abandoned.

[megaman2] 24/11/2023 16:53

Should be making hay at the moment vanadium can be bought for c$26 kg in Europe ! $35 is the long term average .



Don't know how the electrolyte pricing works for ies but the spot market surely has some effect and electrolyte makes up 40% of the vfrbs cost. Should be saving c 10 % in costs than the average price at a guess .

[goodgrief] 24/11/2023 15:30

hTTps://im-mining.com/2022/07/05/shell-amg-recycling-uci-aramco-to-build-plant-to-recover-vanadium-metal-from-products-of-oil-refining/hTTps://www.mining-technology.com/news/neometals-stake-vanadium-recovery/etc. etc. Vanadium is a by product of mining other materials or from residues from refining oil or from coke ash, though I do follow the fortunes of FAR in Kazakhstan.

[gbcol] 24/11/2023 15:01

Definitely not the time to get out murdo IMO - 8/9 months ago maybe, in 8/9 months time hopefully!

Most of us are underwater, some of us are still optimistic that will change!

[murdo mcsponge] 24/11/2023 14:08

Thanks everyone. I id not know that Sodium Ion has worse degradation problems than Lithium. The other comments are very helpful too. My holding in IES is well underwater (Breakeven well over £2) and I have been pondering getting out. Guess I'll stick with it.

[vatnabrekk] 24/11/2023 13:03

I think some companies are wary of getting involved with vanadium because they don’t want to become dependent on Russia and China for supplies of vanadium. But as vanadium batteries don’t degrade it won’t have to be replaced, and there are other countries with reserves of vanadium. India had just discovered huge reserves of it.

[goodgrief] 24/11/2023 12:40

Sodium has the same degradation problems as lithium batteries but worse! More of a challenge to lithium in the EV space where Chinese planning to use them in shorter range markets such as city runabouts. I'm sure research will improve, but currently they have a number of disadvantages as above.