Redt Energy Share Discussion Threads

[wheeze] 24/1/2020 15:50

What happens to those caught short at time of suspension? We could see some nuts caught in vices...

[dontay] 24/1/2020 15:36

Net-zero cities: Oxford's mission to become carbon-neutral by 2030HTtps://www.edie.net/library/Net-zero-cities--Oxford-s-mission-to-become-carbon-neutral-by-2030/695824 January 2020, Oxford unveiled plans to phase out petrol and diesel vehicles from the city centre with an ultimate aim to deliver a zero-emission zone in 2035. At 16%, transport is the section largest emitting sector in the city behind buildings.In response to the Assembly, the Council has pledged that at least a quarter of the council's vehicles will be electric by 2023 at the latest. More broadly, an "Energy Superhub" in Oxford will play host to the world's first transmission-connected 50MW lithium-ion and redox-flow hybrid battery systems as well as a network of 320 ground-source heat pumps. The scheme is just one of the initiatives totalling more than £80m in investment to support carbon reduction.Around 400 electric vehicle (EV) chargers will power new EV capacity. Transport accounts for three-quarters of the nitrogen dioxide pollution in Oxford, and 50 tonnes of CO2 are emitted by road traffic in the city every morning rush hour. However, over the past 10 years, air pollution levels in the city have decreased by more than 36%.

[jamieboy12] 24/1/2020 15:32

Owenski you are nothing but a fukn bully, there is people here losing serious money and all you can do is have a dig at someone,, do us all a favour and get to fuk

[tradermel] 24/1/2020 15:30

There are no heavy losses to come - the heavy losses have already happened and the remaining amount is but a rump. To have such a dig a holders is pretty sad IMO.

[owenski] 24/1/2020 15:02

Obsolete, lol

zero the muppet should be obsolete as well, a clueless fool.

[pugugly] 24/1/2020 14:40

RedT Energy PLC
Update on proposed merger with Avalon

Suggest one does not hold one's breath - Many a slip still possible PLUS (IMO) STILL HEAVY LOSSES TO COME ON RE-FUNDING - Vanadium flow probably now obsolete as a major component of power storage

[pugugly] 24/1/2020 14:39

RedT Energy PLC
Update on proposed merger with Avalon

Suggest one does not hold one's breath - Many a slip still possible PLUS (IMO) STILL HEAVY LOSSES TO COME ON RE-FUNDING - Vanadium flow probably now obsolete as a major component of power storage

[alchemy] 24/1/2020 14:19

Thanks! Reads well.

[dontay] 24/1/2020 13:07

Future Anglian Water Solar Plans:NextEnergy Capital lands Anglian Water solar supply dealhttps://www.solarpowerportal.co.uk/news/nextenergy_capital_lands_anglian_water_solar_supply_deal. NextEnergy Solar Fund (NESF) investment manager NextEnergy Capital has penned a power purchase agreement (PPA) for more than 35MW of solar with utility firm Anglian Water.Under the terms of the agreement, NEC will design, build, own and operate more than 35MW of large-scale solar assets, selling the generated power to Anglian Water through a 25-year PPA.NESF will take ownership of the portfolio on Anglian Water sites, which will make a pivotal contribution towards the utility's target of becoming carbon neutral by 2030.Anglian Water has proven a keen adopter of renewables, and solar and storage in particular, having last summer turned to installer HBS New Energies for a 30MW solar deployment initiative backed by Macquarie.It is also exploring the use of long-duration energy storage technologies via a partnership with flow machine specialist redT.

[zero the hero] 24/1/2020 12:26

Well done to Ts0mev and anyone else that emailed the company as I suggest todays RNS would not have appeared without enquiry

[dontay] 24/1/2020 11:49

A further 44 sites identified. Energy Superhub Oxford: Unlocking scalable solutions for EV charging, battery storage and heat through transmission connection and machine learning:"Our East Oxford transmission connection point offers 60 MW of capacity from 2019 for a broad range of applications, unlocking the potential for private investment to then flow to a further 44 such sites already secured across the UK by Pivot Power that would deliver a vast 2.2 GW of battery storage, up to 4500 rapid EV chargers and £1.6bn of private investment".HTtps://gtr.ukri.org/projects?ref=104779

[alchemy] 24/1/2020 11:11

Could be good news for electric storage.I see Anglian is installed.So the tech being saved would be really useful.Anyone know how Oxford goes?

[zero the hero] 24/1/2020 11:00

At least we know and have a realistic deadline so all the guessing is out of the window. The tone of todays RNS is quite definite though, the merger is going ahead.

[ts0mev] 24/1/2020 10:33

See the latest RNS

[davemac3] 24/1/2020 10:29

doesn't tell us much, "subject to due diligence" ??? what have they been doing for the last 6 months?

[zero the hero] 24/1/2020 10:15

Dontay 24 Jan '20 - 09:21 - 1715 of 1718

I posted the link to the aim rules last week on the other thread.


I don't read the other thread as it is lined with discredited people.

[gerd212] 24/1/2020 10:07

from -


"Finally, when it comes to AIM, should the securities of any company be suspended for six months, the securities will be be cancelled from trading unless an extension has been granted."

[ts0mev] 24/1/2020 09:56

1715
thanks.

[dontay] 24/1/2020 09:35

The rules call for a new prospectus to be issued and a shareholder vote, shareholders have to given a minimum of 14 days clear notice. Assuming the vote is in favour, a straight swap between the 'old' company being delisted and the new enlarged company being listed under whatever the new name is, allows for trading to start on the next working day following the vote.

[dontay] 24/1/2020 09:21

I posted the link to the aim rules last week on the other thread.There is NO artificial time limit to share trading suspensions on AIM for RTO's:"If the details of the proposed reverse takeover are announced before the AIM company is ready to publish an admission document, trading in the AIM company's shares is normally temporarily suspended under AIM Rule 40 until such time as an admission document is published or the proposed acquisition negotiations are terminated".

[guppygould] 24/1/2020 08:40

Ultimately, I think that the BOD are the only people that will KNOW what is happening with the listing etc, but as a shareholder I am hopeful that something is happening behind the scenes. This could be just "blind hope" but I am taking solace in the Bushveld RNS. As far as I can tell Bushvveld is a well-managed company, even though they have an interest in RED's success. My conservative estimate is that after the RTO, there will be at least 6 billion shares in circulation. I think that I recall a previous RTO that stated that readmission would be at 1.65p at least. This would give RED a value of ~60M. I think that it is unlikely that Bushveld would loan ~5% of the value to a company that is dying. I also think that Neil's appointment said that he wanted to return value to shareholders. My memory is pretty dreadful, but these are just some of my thoughts.

[ianous] 24/1/2020 08:18

I could be wrong but my understanding is that Rule 15 only applies to companies that are cash shells. RED isn't a cash shell as its still a trading business. Therefore the 6month rule doesn't apply.

An AIM Rule 15 cash shell is an AIM company which has divested of all, or substantially all, of its trading business, activities or assets and/or has taken action the effect of which is that it will cease to own, control or conduct all or substantially all of its existing trading business, activities or assets (AIM Cash Shell). Changes were introduced to the AIM Rules on 1 January 2016 to provide that, within six months of becoming an AIM Cash Shell, the company is required either to:
- Conduct a reverse takeover.
- Become an investing company under AIM Rule 8.