Redt Energy Share Discussion Threads

[paulcon1] 29/3/2020 14:08

With only a few trading days to go, I was totalling wrong about the share price reaching 1.65p (Offer price)

Am hoping (When merger is complete) , Invinity spend some resources on a targeted PR and Marketing campaign..

Interesting week ahead.

GLA

[ts0mev] 29/3/2020 12:48

2mex, are you trying to ramp?

[zero the hero] 29/3/2020 10:11

All non Red / Vanadium / Battery posts will be deleted

[gerd212] 28/3/2020 11:56

I don't quite understand what is going on with this announcement.


"...the absence of the non-recurring gain on deemed disposal of associates of approximately HK$47 million for the Period which resulted from the deemed disposal of associates (i.e. Invinity Energy Group Limited (together with its subsidiaries, the “Invinity Group”)) during the six months ended 30 September 2018..."

[gerd212] 28/3/2020 11:47

"Our choice of VFB is a US patented core technology with specialised cell stack and electrode design with recognition from Pacific Northwest National Laboratory."


"InVinity Energy – Integrated Vanadium Supply Chain for VFB

We recently acquired a stake in a vanadium-resource and processing company in China through a Hong Kong-based company."


PNNL associated US Company sounds to me like UniEnergy Tech.(UET).

[guppygould] 28/3/2020 06:28

It's funny how me stumbling across an old news article from 2 years ago has people talking about this. I don't know, but it wouldn't surprise me if this has been on the cards for a while. This is VERY positive for shareholders in my opinion because the bigger II's will have known about this and would have judged RED to be a viable investment.

If's, but's and what-have-you's...

[guppygould] 27/3/2020 17:25

I am glad somebody appreciated that 2mex! Some sizeable figures being thrown around here. Depending on their accuracy. I'm glad that Pierre questioned or made a note of those figures because if they are correct they highlight the potential size of the storage market in the future.

[parx1] 27/3/2020 16:59

business as usual then with EGM on 1 Apr. Good luck holders .

[pierre oreilly] 27/3/2020 16:51

2mex25 Mar '20 - 21:31 - 2003 of 2009
0 0 0
The above article demonstrates battery cost (for purchase)

450 kilowatt hours battery contains £84,000 worth of Vanadium.
Vanadium is a half to a third of the battery cost.

So, Minimum cost for that battery is £168,000.

Now, Eskom want to deploy 1,400 megawatts hours of battery storage.

Cost for that battery set: 1,400,000 kW / 450 kW x £168,000 which is £522,666.

........................


If 450kWh costs £168,000
then 1400000kWh costs (168000/450)x 1400000 = £522,666,667 or half a billion, not half a million.

Another way of looking at it, 1kWh costs 168000/450 = £373

So 1.4GWh = 1400MWh = 1400000kWh costs 1400000x373 = half a billionish.


All according to your numbers. Did you mean they want to implement 1400MWh or did you mean 1.4MWh (= 1400kWh, which costs half a millionish).