Redt Energy Share Discussion Threads

[ts0mev] 16/11/2019 11:09

Brucie5, redT energy

[brucie5] 16/11/2019 10:52

Please remind me, what will the combined new company be called - Avalon or Redt?

[pdoc] 15/11/2019 11:33

As the RNS says, "Scott joined the Group in 2006, initially as CFO" ___ Looks as though the C has just been told to FO. Ha ha

[mikemine1] 15/11/2019 10:58

Happy with this RNS. Larry has got Avalon to where it is in a fairly short time and will do well with the combined companies IMHO. If Flow Batteries do take off the new company will grow and grow I feel sure.

It only now remains to be seen how much dilution we will suffer. It's bound to be large but at least we will still be in the game.

[ts0mev] 15/11/2019 10:19

Delivered unit to Anglian Water

[parsons4] 15/11/2019 09:10

Saw the interview with BMN I think it looks very interesting, I shall continue to watch the REDT story although I bailed some time back. I for one am glad that Scott is walking as he bought the company to its knees !!!

[noirua] 15/11/2019 08:37

"It is difficult to imagine a more complementary combination than Avalon and redT, starting with the strengths of our respective teams.

Together, we aim to form the preeminent force in vanadium redox flow batteries.
I'm excited to work closely with the redT team to build an organisation that will dramatically benefit our combined customer base, both current and future, contribute positively to the global energy transition, and generate long-term value for shareholders.

Finally, I'd like to express my gratitude to Scott for his years of service and his support of the Merger and integration process."

[ts0mev] 15/11/2019 07:51

two CEOs one role. It was always on the cards that Larry would replace Scott. The interim funding from Avalon (yes, I know they received it from BMN) decided that outcome. Very positive. Shame that trading is suspended as this would have been received well. The merger seems set in stone and with the timescales around Scott leaving, it must be concluding soon.

[guppygould] 15/11/2019 07:30

Some people love a good conspiracy theory.RNS is here:

[zero the hero] 15/11/2019 07:26

The change begins ….. unsurprising Bod movement as Scott had to go.

[dlg3] 15/11/2019 00:06

NO ORDER AS YET, 3 YEARS HAVE PAST,EITHER THE TECHNOLOGY DOES NOT WORK OR SHAREHOLDERS WERE LIED TO!!! IF IT WAS THAT GOOD REDT WOULD NOW HAVE AN ORDER FOR 1,000S OF UNITS FROM A VERY SATISFIED SOUTH AFRICAN TELECOMS COMPANY.... BUT THEY HAVE HAD FUKK ALL, WOULD THAT NOT RING ANY BELLS IN YOUR SMALL BRAINS???? OR ARE YOU ALL TO FAR UP SCOTTY,S REAR????

[dlg3] 15/11/2019 00:01

"The 5kW, 30kWh redT energy storage machine will be provided by Jabil Inala to one of Africa's largest telecoms companies. The machine will be used to bridge power supply interruptions on the local grid in order to maintain uninterrupted operations at a telecom base station in South Africa.

This sale is a crucial development for the Company and represents an important step into a key market for volume sales. According to GSMA (Groupe Speciale Mobile Association) research, sub-Saharan Africa has over 240,000 telecom towers providing mobile coverage to 70% of the population. This figure is expected to grow to over 325,000 towers by 2020, with the majority of sites situated in either off-grid or weak-grid locations."

[dlg3] 14/11/2019 23:57

"The same month also saw redT make their first Gen 2 sale, to South Africa based energy solutions provider Inala, for delivery in 2017, who will in turn supply this to one of Africa's largest telecom operators for use at one of their sites. "

[dlg3] 14/11/2019 23:37

AVALON IS JUST A FRONT..... WHY DO YOU THINK THERE IS NOTHING HAPPENING IN SOUTH AFRICA.....ONE OF REDTS BIGGEST MARKETS????????

WHAT HAPPENED TO THE TELECOM DEAL IN SOUTH AFRICA?????

SCOTYS DONE A DEAL WITH BUSHVELD...

[dlg3] 14/11/2019 23:32

SHAREHOLDER ABOUT TO BE FUKKED OVER FOR THE LAST PIECE OF THE COMPANY,WHY NOT THEY STOLE THE REST OF THE COMPANY, WHICH IS DOING VERY WELL!!! MCGREGGER AND CO WILL CRASH AND BURN SOON ....!!

[dlg3] 14/11/2019 23:29

THIS LOOKS LIKE REDT ARE ABOUT TO HAVE THE SHAREHOLDERS SHIRTS OFF THERE BACKS, WHAT IS THE BETTING THAT BUSHVELD END UP WITH REDT IN THERE POCKET????? SOMETHING I HAVE SUSPECTED FOR A LONG WHILE!!!!

HERE IS THE DEATH SENTENCE FROM THE RNS!!

"In the event that the Merger and the Fundraising do not complete successfully, the terms of the Interim Loan provide that the principal amount of up to US$2.5m, together with interest at 12 per cent. per annum, becomes repayable to Avalon six months after any announcement by the Company that the Merger is no longer proceeding. redT has granted security over certain of its assets to Avalon as part of the Interim Loan."

[ts0mev] 14/11/2019 15:50

1604



I make it 27 in Europe, 23 in Asia (5 Japan, 3 South Korea and 15 China), 13 in North America, 4 in Africa, 4 in Oceania (3 Australia + 1 Indonesia) and 2 in India.

[greenmachine2] 14/11/2019 08:28

#1601 post by Dontay . Failure to gain market share perhaps not the best phrase I could have used. Without carping on about RedT and the mega deal(s) that have so far failed deliver, there is the Cellcube situation where they seem to have failed to deliver much since they bought Gildemeister's VRFB business. Unienergy in USA are pretty silent on their achievements as are vrb energy etc etc. Avalon seem a bit more successful as far as I can tell, but even one of the big projects they have delivered is in the rather different Chinese market. Chinese mega VRFB S in China are the only big success stories, but there is a Chinese gov strategic plan it seems to focus on Vanadium.

It might be price or footprint size,reliability or fear of untried technology that has stopped the VRFB breaking through into the market or concerns over the financial footing of the flow battery companies. Whatever it is, there the market share of vanadium flow batteries worldwide is still small relative to lithium and not showing much signs of increasing as far as I can see.

What is promising is the desire to build a vanadium flow battery market, publicity and support for flow batteries that Bushveld is planning with others on board it seems. I await 2020 with interest.

Lots of talk of big deals for VRFB seem to abound, but as of today, no completed deals.

[ts0mev] 13/11/2019 15:16

BMN need to be careful in how they word their agreements. If they carry on buying interests in VFRB then they could be seen as controlling the supply of Vanadium to VFRB manufacturers.

[dontay] 13/11/2019 14:33

HTtps://www.miningweekly.com/article/bushveld-group-advances-vanadium-redox-flow-battery-plans-through-enerox-deal-2019-11-13Aim-listed Bushveld Minerals' 84%-owned subsidiary Bushveld Energy has signed a term sheet agreement with CellCube Energy Storage Systems to acquire all issued shares in Enerox for €11-million.A Bushveld Energy-led consortium has been granted exclusivity until the end of February 2020 to complete due diligence and negotiate definitive acquisition documents.Austria-based Enerox is a researcher, developer, manufacturer and distributor of vanadium redox flow batteries (VRFB).The acquisition is in line with the Bushveld group's strategy to establish a VRFB investment platform, intended to lead investments in VRFB original-equipment manufacturers (OEMs) with upside potential.Bushveld and its initial investments through the platform will play a catalytic role to mobilise additional capital from third-party funders to establish an investment capital pool in support of VRFB OEM growth.In turn, these partnerships support Bushveld Energy's business model, which includes electrolyte manufacturing and rental, and VRFB manufacturing and deployments.Explaining the rationale for the acquisition, Bushveld stated that Enerox's VRFB products were some of the most widely deployed over the past ten years, with installations at more than 130 sites globally to date.Enerox had developed one of the first containerised energy storage solutions in the market, as well as a newly redesigned VRFB product oriented around a modular and stackable 40 ft container base configuration. This product helps to reduce the costs of manufacturing, field installation and maintenance.Under a separate agreement between Bushveld and Enerox, the former will be awarded a right of first refusal to supply vanadium products to Enerox. This provides a hedge to Bushveld's position against volatility in the vanadium price once the VRFB market had developed further."Investing in the development and deployment of VRFB technology was a key part of Bushveld's corporate strategy for several reasons. Firstly, the market opportunity presented by the widespread adoption of VRFBs was sufficiently attractive to grow Bushveld and generate returns for shareholders."Secondly, by helping to increase the speed and scale of adoption of VRFBs, the company would help boost long-term structural demand for vanadium, which was key for our existing primary vanadium production platform."In addition, the combination of vanadium production and commercial exploitation provided a natural hedge for the company against vanadium price volatility," Bushveld CEO Fortune Mojapelo said.CellCube interim president and chairperson Brett Whalen commented that, as a leader in the VRFB space, Enerox deserved the capital that was necessary to maintain its competitive advantage."We are confident that the Bushveld consortium will maximise Enerox's full potential for its fourth-generation project, while increasing manufacturing capacity."

[dontay] 13/11/2019 11:18

greenmachine2... what "so far unsuccessful attempts to gain market share of the growing lithium dominated battery storage market" are you referring too? As far as I'm aware, although BM have been very active through it's BE subsidiary in putting the building blocks in place to enable it to start entering into the energy storage 'space'.... up to now, it's been solely concerned as a Vanadium miner shipping virtually all its product to the states for the steel rebar industry... and reportedly still raking it in even at current low V prices. It's subsidiary, BE has only just received the final official approvals... and consequently has just invited tenders... to start building a new chemical plant to produce Electrolyte in the new year. It has a had a battery on trial at Eksom and is now waiting for SA government approval to kick start issuing tenders for the planned phased renewable/storage projects due to start up next year.Have you got any links or specific info to these storage energy failures you have mentioned?Potential investment in Enerox GmbHTue, 12th Nov 2019 16:32RNS Number : 1728TBushveld Minerals LimitedBushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer, with ownership of high-grade vanadium assets in South Africa ("Bushveld"), is pleased to announce that it has signed a term sheet setting out the main terms and conditions on, and subject to which, a consortium of investors led by Bushveld Energy, an 84 per cent subsidiary of Bushveld Minerals, (the "Bushveld Consortium") would acquire the entire issued share capital of Enerox GmbH ("Enerox") on a debt free basis from CellCube Energy Storage Systems Inc. (the "Seller").The Bushveld Consortium has been granted exclusivity until the end of February 2020 to complete due diligence and negotiate definitive acquisition documents.Enerox is one of the world's largest researchers, developers, manufacturers and distributors of vanadium redox flow batteries ("VRFB"), headquartered in Wiener Neudorf, Austria. It has installed VRFBs at over 130 sites globally.The investment is in line with the Company's strategy of establishing a VRFB Investment Platform ("VIP") to lead investments in VRFB original equipment manufacturers ("OEMs") with attractive upside potential. The VIP is one of multiple avenues of partnering with OEMs.§ The Company and its initial investments will play a catalyst role and mobilise additional capital from third party funders to establish an investment capital pool to support VRFB OEM growth. § These partnerships support Bushveld Energy's business model, that includes electrolyte manufacturing and rental, VRFB manufacturing and deployments.§ Bushveld Energy intends to own a significant minority interest in the Bushveld Consortium, in line with its strategy of holding minority positions in select VRFB OEMs and being a catalyst to mobilise third party financing and assist the scale up VRFB OEMs.

[greenmachine2] 13/11/2019 09:19

I see that Bushveld BMN have plans to buy Enerox from Cellcube (the company that bought Gildemeister's Vanadium battery operations) via a consortium setup. Clearly Bushveld have a strategy to build some level of interest and support for Vanadium battery companies in their so far unsuccessful attempts to gain market share of the growing lithium dominated battery storage market.

[guppygould] 12/11/2019 12:39

Mikemine1, here is Dontay's link:
hxxps://youtu.be/p3QUjIL1rJQ