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[festario] 02/7/2018 15:08

Off topic, I expected to see a much bigger rise on TESLA today, quite muted really.

[spike_1] 02/7/2018 15:05

richardc77: 'In other news, where is that Tim Kempster today? Was he with Neill at the firing range at the weekend?'

VERY funny ;0)

[alchemy] 02/7/2018 14:58

That might be the all time closing high. Intraday 140 about.

[pshevlin] 02/7/2018 14:57

VRS need to behave like Berkshire Hathaway re. shares in circulation. Restrict them.That's the way to make sure they rise.

[richardc77] 02/7/2018 14:56

A drop to £1.35, where will it finish...a sprint to £1.40+ or a battle to finish at all time closing high at £1.31?

[lovat scout] 02/7/2018 14:48

tmoon - VRS won't issue any more equity just because an II wants to buy and is struggling in the market!

VRS will only issue new shares if they need it for JV, new equipment, company acquisition etc. and from what we have seen so far some of the collaboration partners fund the build out!

[anley] 02/7/2018 14:38

Billbyrne.......thank you for your post.

One of the names is ILIKA Tec which is getting over £4m for its battery developments. I have been building up research on this company as well as details on all the big developers and its getting most interesting.

ILIKA is a quoted company and can raise capital as and when from its big shareholders - none have done well but its still early stages for their interesting technology which needs Nanene.

Let's leave it at that................

[richardc77] 02/7/2018 14:37

In other news, where is that Tim Kempster today? Was he with Neill at the firing range at the weekend?

[hoverflyman] 02/7/2018 14:36

I think any battery manufacturer linking up with VRS will shortly be amongst the largest in the world, and the converse applies.

[eel tamer] 02/7/2018 14:35

Geely launched the electric London taxi in Jan of this year. They have lightweight Aluminium frames but still heavy because of the batteries...

[rafboy] 02/7/2018 14:34

Looks like we have some large players buying in the market today. A lot of decent sized trades have gone through today.

[club sandwich] 02/7/2018 14:34

sonson "This is getting properly exciting" - it always was, it's just becoming a bit more concrete ;-)

[scottishfield] 02/7/2018 14:34

Quite a few 'transformational' rns's on the way in due course..

[smokeyjohnson] 02/7/2018 14:33

Geely own Volvo BTW.

[superg1] 02/7/2018 14:31

So if you read that link you can see the speed Chinese manufacturers are moving at.

It seems VRS could be in the process of linking up with one the largest EV battery makers in the world then.

So I'll look forward to that RNS. WMG says it works, VRS says it works so I do not see why it won't work for others.

[eel tamer] 02/7/2018 14:31

What about the company making the electric London taxis - Geely? They operate in the uk as LEVC but HQ is in Hangzhou. Otherwise, this mob? https://www.bloomberg.com/news/articles/2018-01-22/baic-auto-seeks-reverse-listing-of-ev-unit-in-4-5-billion-deal

[hoverflyman] 02/7/2018 14:29

Sounds to me as if the “Chinese Automotive Battery” company (9.40-10.20 ish) doesn’t want to hang on for the provincial deal(s) to be finalised but wants to crack on with battery development, there was a reference to “fruitful visit with the Prime Minister... early days... lots of paperwork to do ... “ but the large company wants to get going.

It’s great from time to time to sit down and revel in being part of the VRS story, although it could of course all be a dream!

[sonsonnyjim] 02/7/2018 14:28

This is getting properly exciting

[superg1] 02/7/2018 14:27

CATL look like they are the biggest in China.

NR stated bits about a follow on form the PM visit but I don't know if its directly connected.

[club sandwich] 02/7/2018 14:26

tini - done

[axotyl] 02/7/2018 14:25

Ah, battery...OK...getting too much in one day for me...

[superg1] 02/7/2018 14:22

It should read China auto battery maker and the details about that are in the podcast. The 'deal' is in the paperwork and legal process stage but they have put in an order first.

They talk of them being large company and global, so a case of trying to ID who it may be.

[ashehzi] 02/7/2018 14:20

Regarding teslas and EV, NR said (podcast time 11:15)

if you talk to lots of those names you mentioned.. they gonna tell you that yeah we need some big changes to the technology around batteries and thats what we are helping to do.

Make your own mind.

[billbyrne] 02/7/2018 14:18

The latest round of funding proposals under the Faraday Challenge.




A few familiar names in there.