Redt Energy Share Discussion Threads

[owenski] 20/3/2018 08:27

You're a silly little man Pierre, my views on the financial model here haven't changed. But at sub 7p with some positive news flow the risk is reasonable for a punt. I dont fall in love with any stock, I try and see the risks. Grow up.

[parsons4] 20/3/2018 08:26

Alchemy could you please explain ?

[brucie5] 20/3/2018 08:26

Well done Owenski, delighted to have you onside this share now. I was just preparing a post for you on the other thread, having read this morning tidal power RNS. This is surely huge confirmation of REDt's position and esteem in the sector, by industry players. And of course further confirms the progress to gen 3.

"redT energy plc (AIM:RED), the energy storage solutions company, is pleased to announce that it has been selected by a consortium of European companies to be the primary energy storage technology provider for a large scale tidal generation project in the UK.
The project, for which a 0.6MW, 3MWh redT flow machine system has been selected, remains subject to finance and formal contract awards. The EU project will demonstrate the technical and financial feasibility of using tidal energy plus energy storage to provide reliable, renewable baseload energy. redT will contribute research, analysis and optimisation of tidal and flow machine technology to provide base load power. "

[pierre oreilly] 20/3/2018 08:25

For the non technically minded, 0.6MW is 600kW, which is iirc about 13 of their largest portakaabin sized machines.

[fieldhouse] 20/3/2018 08:24

One or two her don't like a share price rise !!!
I wonder why not ?

[pierre oreilly] 20/3/2018 08:24

So there we have owenski's reason for deramping this over the last year. All doom and gloom yesterday, but he's bought in anyway. Expect mega ramping frVm him until he sells.

[dlg3] 20/3/2018 08:22

"The Company has initiated the pre-selling process for Gen 3 systems and is in late stage negotiations with a number of customers. The Company expects the first Gen 3 pre-orders to be announced shortly."

[dlg3] 20/3/2018 08:20

more GEN3 news soon..

"This project is planned to be fulfilled by redT's 3(rd) Generation product, to be delivered in 2018"

[dlg3] 20/3/2018 08:17

parsons4 tidal power.....waves..flow machines..RNS

[alchemy] 20/3/2018 08:17

Ask nicely and I'll paraphrase.

[parsons4] 20/3/2018 08:16

Alchemy what the f... are you talking about ?

[owenski] 20/3/2018 08:15

In the spirit of being'open' I took a position first thing this morning.

My views on the financial model haven't changed, but this project is providing evidence of traction. I suspect that when they raise funds, it'll be in the 10m ball park, that's a dilution I can stomach at a 40m M.cap when it's still going to be loss making for probably another couple of years.

[fieldhouse] 20/3/2018 08:15

owenski,
That is what Redt always planned
400 single units was just a yardstick.
How many bricks do you need to build a house ?
They plan to build houses !!

[dlg3] 20/3/2018 08:15

Shortly, that was short Scott!!!

"The Company has initiated the pre-selling process for Gen 3 systems and is in late stage negotiations with a number of customers. The Company expects the first Gen 3 pre-orders to be announced shortly."

[gspanner] 20/3/2018 08:10

Looks like Scott does have his ducks in a row after all. Hopefully more gen3 projects announced soon.

[tradermel] 20/3/2018 08:08

More news to come on this, I have said nothing as I had no link and it seems people wanted to listen to empty heads that wanted to deramp. There is one thing I have learnt in this game is that when there is a consorted effort to ramp or deramp a share there is no point in going against the stream of lies and disinformation, so pointless posting.

More good news to follow for Redt to come via RNS's and that 22p forecast is not unachievable. I hinted Scott was sitting on good news and this is only a part of it.

Point of learning for beginners ... never listen to those who insistently post a particular line as it basically means they have an agenda, every bit as much of those that ramp. If you have been pursueded to sell at a loss, dust yourself off get a position and ignore the morons who post over and over even when they get corrected.

[alchemy] 20/3/2018 07:38

Ah yes reality! The reality is this is applicable to tidal power. With its intriguing geometry and we solve the problem. Base. load (sic) that's why we needed coal and arguably nuclear and currently gas.Get your mind round that!See the hills, the mountains......'.

[sleveen] 20/3/2018 07:33

The project, for which a 0.6MW, 3MWh redT flow machine system has been selected, remains subject to finance and formal contract awards.

[melody9999] 20/3/2018 07:29

typical Scott, jumping the gun again. just like the LOI for 490MW in the title of this thread. will it come to anything?

[parsons4] 20/3/2018 07:28

Yes another great RNS REDT are at the forefront of this technology which is at last beginning to hit the mainstream !!!

[alchemy] 20/3/2018 07:19

S EE news '...time and tide wait not for you! Great news.

[andplus] 20/3/2018 07:15

It is a good prospect. Contract has not been awarded yet to any of those involved in the tender, so best to be cautious celebrating what has not been won.