Redt Energy Share Discussion Threads

[dogrunner11] 31/3/2017 11:44

Cycle life is around 6,000 ours is in excess of 25,000 and with a few parts changed will go for another 25,000 cycles.

Filter all you like, doesn't make sense that article scared you, they are more expensive and have a much shorter life span, wasn't an unreasonable question.

[gerd212] 31/3/2017 11:43

>439 So the longevity of redt units are up to 120 years now! Is someone competing for the title of "King of Fake News"?

[dogrunner11] 31/3/2017 11:25

Jamonit, did you actually read that article before posting or was it meant as a scare tatic? If you'd read it, it clearly states more expensive then our product by quite a margin and then life time is around a quarter of our product.

Ours also retains value and is fully recyclable, that lithium thing will cost to have disposed.

[dogrunner11] 31/3/2017 11:16

Other corporates will be easy to deal with in Africa if you have the know-how that Camco has, theyve clearly been doing so for many years now.

[dogrunner11] 31/3/2017 11:13

Or use international funding specifically meant for electrifying those 700 million who do not have it today. Should ease the pain a tad.

[alchemy] 31/3/2017 11:04

Soft currencies though.You need an LC for at least the transfer value of the kit.But could help with economies of scale, references etcetera.Could help Africa too. Lots.

[fieldhouse] 31/3/2017 10:55

Hell of a big continent is Africa !!!!!!

[chicken01] 31/3/2017 10:47

It would appear watching this mornings share price after the RNS that I'm not the only one unimpressed...

[netcurtains] 31/3/2017 10:42

the darkest moment is just before the dawn...
BOOM!

[alchemy] 31/3/2017 10:33

We have a new man heading sales. Yet to make his mark. Scott is clearly comfortable in Africa so it's no risk for him to pursue some verticals there . The ex- Jabil man will be building up the potential of "biggies"

[fieldhouse] 31/3/2017 10:28

This industry is in its infancy.
It will be fast moving technology (not necessarily sales)
The product price needs to stabilise at lower levels to be more competitive with lithium.There will be applications in Africa where redt will be cost effective already
Hence their emphasis and sales effort.
R and D will be essential and that would appear to be where money is going at Livingston

[alchemy] 31/3/2017 10:25

Vatna...is that as vatnajokull Iceland?

[vatnabrekk] 31/3/2017 10:20

It's a steep mountain for RedT to climb, but once the market realises the benefits of flow batteries over lithium (cost, efficiency, and safety, if I've got it right) then there should be lots of potential for RedT.

[chicken01] 31/3/2017 10:15

Waterloo1, I was also very uninspired to see Scott in JHB, whatever anyone has to say, this is not a market that I would invest in, having lived there for 30 years, so the next chance of taking profits, if there will ever be one, I will be extricating myself from this share. This is way too small and unmanageable in my opinion. Africa is not a market that I have any faith in, it is on the decline, any business done there requires payment at order signing into a UK account, otherwise you'll lose your shirt. Trust me, I know.

[alchemy] 31/3/2017 09:04

Cleverer than those who bought higher.I wanted, still do, this to be a zero defect company. I.e. I want to know that the fork-lift application works. That the Scottish Island project works. That e-on "love us to bits".I can see foundation building may take all of this year too.OPEX will Zoom, will it generate the volume needed to underpin Marcap of over £120 mills which is what that broker needs to get to his 22p.

[krowelet] 31/3/2017 08:51

The fundraising in Dec was far too large and ambitious, which shafted every existing shareholder, should have been phased in smaller issues in line with progress. Looks like a quiet year for the company with limited news to announce.
The buyers at 8p who probably pushed for that price not looking too clever now.

[waterloo01] 31/3/2017 08:47

I'm out from a small holding. Really not interested in a few machines shipped to Africa not what I invested for and don't like talk of Livingstone. All sounds like more costs to me and little to show for it. Best of luck.

[alchemy] 31/3/2017 08:32

Wonder if those mulling ordering need more references...more "show-me"?

[spoole5] 31/3/2017 08:31

Classic aim, raise lots of money from PI's, sell very little. At least they are keeping a few sales managers employed on 60k a year for a couple of years.

[shavian] 31/3/2017 08:27

Edit: he did not say the next units were actually en route to Africa, this will happen 'shortly'

[shavian] 31/3/2017 08:25

Trout: this was never going to be an overnight process. The RNS was necessary to reassure the market and to update those who do not follow this thread.In the meantime it has given us lots of opportunity to top up :0)

[troutisout] 31/3/2017 08:24

Iglenn,

Exactly I think Cheek got confused with the 2 in the 'Gen 2' bit.