Redt Energy Share Discussion Threads

[thinksteve] 28/2/2020 14:57

hxxps://oxford.techtribe.co/42m-energy-superhub-in-oxford-is-about-to-enter-the-build-phase/

[thinksteve] 28/2/2020 14:55

Looking good for RedT. Fingers crossed.
hxxps://oxford.techtribe.co/42m-energy-superhub-in-oxford-is-about-to-enter-the-build-phase/

[pierre oreilly] 27/2/2020 10:36

There is a slight difference this time around - the cash you are left holding earns only about 0.4%. Concentrates the mind when you can get 5% pretty easily in shares, to add to the cp gain if you get in near the bottom. Once the stampede to get back into shares starts, it's more infectious than coronavirus.

As to red, when (and still better add if) it returns, i would manage expectations for existing holders to expect pretty bad dilution, and then hope it's not so bad. Much better than the other way round.

[gbjbaanb] 27/2/2020 10:25

Markets are tanking because everyone is talking their money out temporarily. When it's all blown over, all that money will be looking for places to invest and worst most of it will just end up back where it started there will be a lot looking for new investments.

This happens every time, from the Chinese slowdown a few years back, to the trump/China tariffs last year, to the final crash.I doubt this time will be any different.

[ts0mev] 27/2/2020 08:15

1885
It depends on how they get funding. Growth may suffer but no more than it has. The real issue is financial stability. They need to break even within the next 18 to 24 months.

[chestnuts] 27/2/2020 07:49

I dont wish to put a damper on things , but with the markets tanking there is going to be liquidity issues in the backers of the placing so it may all collapse . That is the unfortunate timing of coming to market at the moment.

[gerd212] 27/2/2020 07:25

re 1119




"In 2018 the company opened a 5 MW/15 MWh pilot in Bury. It is now developing a 50 MW/250 MWh project at a disused thermal power station in the north of England.

The companies say Sumitomo’s investment will enable Highview to hone its technology for deployment at global scale, citing strong demand in Asia and the US."

[sparki2] 27/2/2020 06:49

jodrell13I think a lot of us in the same boat!There are bound to be a lot of very frustrated shareholders as there has been such a very long delay in getting the quote back - but who, I'm sure, like us will be thrilled to see some value returning and the potential for well founded growth in shareholder value in the future.This delay was beyond the control of the Company as it was caused by AIM's quite ridiculous decision that the merger with Avalon was an RTO. I think this was a shameful decision by AIM, certainly it is very difficult to see how they could possibly have construed that an RTO was either sensible or in the best interests of either RedT or Avalon shareholders, in the particular circumstances. As I think has been mentioned before, the RTO probably resulted in an additional cost of around £1m ......... Rant over!The key now however is how real is the future potential - a lot of different views on this, I suspect? It is going to be great to hear the presentation of the strategy for the enlarged group from the highly experienced and ambitious, new management team.GLA

[jodrell13] 26/2/2020 18:01

Spark12, very encouraging comments , forgive me for being a little sceptical, been waiting such a long time for some news, I had to stay in even when the shares were dropping like a stone, so after all this time can we at last hope for a good outcome. I have always thought the storage system was very sound. Jodrell13

[racinglad] 26/2/2020 17:47

Spark12
Sounds very good! As an existing shareholder sounds optimistic for the future, as opposed to the write off it was looking not that many months ago!
Such a shame that Scott lead us all 'up the garden path' with his 'machines', that were not batteries!
2020 could be very exciting for this share, once it is re listed.
I look forward to the announcement, and then the presentation!
Best of luck to all shareholders!

[sparki2] 26/2/2020 17:12

Racing ladYes, I'm expecting the relisting of the shares by 16 March, followed by completion of the financing which, together with the RTO, will be conditional upon the approval by RedT and Avalon shareholders at General Meetings.Having previously met Larry Zulch at the last RedT AGM I would expect that there will be an excellent presentation explaining the new strategy which will set out the stall for the future - and indicate the timetable to positive cash flow. Worth bearing in mind how much more cost effective, it is understood, Avalon's VRFB's are compared with RedT's "prototype" that it was marketing. Big changes ahead; and with the ability to capitalise upon RedT's potential order book, we should, at last, be looking at a very encouraging outlook.

[racinglad] 26/2/2020 16:35

Hi SPARK12
When do you think or hope the relisting will be? There will also have to be an EGM, presumably, hopefully, with a presentation to shareholders!

[sparki2] 26/2/2020 16:29

IMO the enlarged group incorporating Avalon is set to achieve critical mass in the stationary energy storage sector in this world market. Recapitalised with strong management there is a new and exciting opportunity ahead, me thinks!Roll on the relisting of the shares.

[guppygould] 26/2/2020 12:30

Funny. Pivot Power are certainly doing things. And they use shipping containers! Lithium-ion has the necessary power density to provide suitable charging rates for vehicles. Vanadium-ion is not competing with that, but will work in conjunction with it.

[owenski] 26/2/2020 11:41

Oh dear, yet again, having already reminded punters that Lithium is the incumbent technology we now have this -

"Wärtsilä is to deliver 100MW of battery storage to UK storage and electric vehicle charging infrastructure company Pivot Power.

The company will support the two 50MW lithium-ion batteries under a 10-year service agreements with flexible performance guarantees, after the order was placed by Pivot in December 2019.

It marks Wärtsilä’s largest energy storage deal in Europe and its first in the UK, which it has set its sights on as a “key new market”."

[ts0mev] 26/2/2020 09:50

1876
redt are the VRFB supplier. Wartsila are the lithium supplier.

[escapetohome] 25/2/2020 23:24

Ouch indeed !

Wheres redt

[owenski] 25/2/2020 17:38

Did I mention before the incumbent technology is still Lithium, lol -

"Dominion Energy Virginia received approval from the State Corporation Commission to move forward with four battery storage pilot projects.

The company said this paves the way for additional energy storage technology needed to support the company's commitment to achieve net zero carbon and methane emissions by 2050 and increase renewables.

For the four utility-scale battery storage pilot projects totaling 16 megawatts, the company will use lithium-ion batteries, like those found in electric vehicles, to better understand how this emerging technology can be integrated into various applications."

[pierre oreilly] 25/2/2020 09:53

Z

Almost every week there's 'a new battery which could slash the cost of storage'

What it actually means is that some uni somewhere is researching different battery chemical combinations and they have written about it somewhere. Almost every mech/elec uni dept is researching storage, and always has done.

For the one in ten thousand battery techs being research, one may make it to market .... in typically 20/30 years, with the other 9999 failing for some reason.

VFRs are at least on the very edge of commercialisation (i.e. the 1 in 10,000 techs).

[zero the hero] 25/2/2020 09:38

Link posted on LSE by Pinecone



Does anyone know the costs claimed for Vanadium?

"Zn–Mn battery to be less than US$ 10 per kWh compared with US$ 300 per kWh for current Li-ion batteries, US$ 72 per kWh for Ni–Fe batteries and US$ 48 per kWh for Lead–acid batteries"


Although these quoted figures are wrong anyway as back in 2019 Li-ion was down at US$150 per kWh and Vanadium at US$100 (without a suitable deduction for life of usage)