Zenith Energy Share Discussion Threads

[joeblogg2] 24/10/2011 17:18

Duncan. or anyone knowledgeable then myself from the website it states :
Zenergy Power's Magnetic Fault Current Limiter has been put into regular operation in the United States' power grid in March 2009. Southern California Edison is the first electric utility company in the US to use the device for protecting a distribution circuit of its medium voltage grid.


The rns from last week states :
Following this successful half-scale test, Zenergy will immediately seek to secure sales orders and commence commercial production of non-superconducting MFCLs in voltage classes; ranging from 4kv to 154kv.


So if it is already in use medium voltage grid, what voltage is this and what sort of market is already available for 4kv to 154kv? thks!!

[joeblogg2] 24/10/2011 17:10

Thks Duncan. That is a lot of air miles to cover so must be very important?

[duncandisorderly] 24/10/2011 16:54

Have just found out that SC is flying to Australia after his visit to America.The company did not disclose the reason for the trip. Interesting.............

[acta_topup] 24/10/2011 14:42

Better volume today, looking good for a sustained rise to 12p and beyond

[pjj71] 24/10/2011 13:09

Also staff options were reset to 14.5p a couple of months ago..

[ireminisces] 24/10/2011 12:12

well director did puchase at 12 or 15p was it then again at 5p was it.

Im sure these prices wont be here for long.

[warwick69] 24/10/2011 12:02

i was hoping some other funds would be cleared as want to buy some more of these this looks exiting and could be a life changer?

[warwick69] 24/10/2011 11:45

dummy sell just been quoted 8.56 we are moving in the right direction?

[joeblogg2] 24/10/2011 11:28

Acta. I'm here and have been buying a few more today. I sent e-mail to Karen Chandler regarding SC being in USA but she hasn't replied. I hadn't realised she was the old Financial Director but seems to have been pushed well aside and into investor relations which appears to be a bit lacking ?

[acta_topup] 24/10/2011 11:23

Where is everyone? This price seems to be a great spring board for further gains over the next week or two

[acta_topup] 23/10/2011 16:21

Yes, a bit surprised that not many more people talking about it. All it will take is one JV or new contract with a major player for the shareprice to go ballistic and we will get our rerating very quickly indeed. Unfortunately I don't have more funds available, otherwise I would continue to add whilst we remain at such a low level.

[joeblogg2] 23/10/2011 15:57

Very quite here!! Just seen the FCL movie on the website and clarifies what this is all about and how important a solution this is!! This has all the makings of a multi, multi bagger!!

[duncandisorderly] 21/10/2011 18:36

The word is spreading......

SMALL CAP MOVERS: Feel-good factor yet to return to the markets
By JAMIE ASHCROFT,
Last updated at 3:52 PM on 21st October 2011

The markets may be calmer, but the feel-good factor is yet to return. No surprises then at the end of a fairly dour week we've seen more small-cap losers than winners.
Standing at 3,161, the FTSE AIM 100 index has fallen around 2 per cent over the past five trading days.
'The AIM market has suffered alongside the main market with the increased volatility due to the macroeconomic backdrop,' said Atif Latif, director of trading at Guardian Stockbrokers.

Drop: The FTSE AIM 100 index fell by around 2 per cent over the past five trading days
'Investors that are taking a short term view on the market are the ones that have suffered but the long term growth story remains intact for many small caps.
'Some valuations in the sector are trading on depressed valuations mainly due to sentiment and offer upside potential due to forced selling which will have a greater impact on prices.

More...
ALEX BRUMMER: Easing the squeeze on SMEs
Oil market remains largely calm following news of Gaddafi death
Among the handful of stocks moving in the right direction were those in the technology sector.
Shares in electrical components firm Cap-XX (down 1.5 per cent today, at 15.25p) gained around 70 per cent on Thursday as its Japanese licensing partner launched a new supercapacitor product.
Another Tech stock making strong gains was Zenergy Power (down 6 per cent today, at 7.75), which shot up nearly 60 per cent this week.
This followed the successful testing of a half-scale model of its new core product – the Magnetic Fault Current Limiter - which protects power grids against damaging power surges.
For Zenergy's investors it was a welcome fillip coming towards the end of a challenging year.
The group's former management hung a 'for sale' sign above the firms front door back in February after deciding that the funding required to develop its high temperature superconductivity products was out of reach.
However a group of rebel shareholders blocked attempts to sell. Instead they ousted management and refocused attentions on alternative products in the portfolio.
As a result the MFCL is now the group's new lead product in development.
Argos Resources (down 1 per cent today, at 22.75p) weighed in with good news this week, but it fell on deaf ears.
A better-than-expected independent assessment of the group's Falkland acreage provided a major uplift in estimated resources, which rose more than 180 per cent to 2.1 billion barrels of oil, and uncovered 22 new exploration prospects.
Despite this new upbeat assessment of the project area the share price has actually fallen 15 per cent in the last five days.
Predictably the issue, it seems, comes down to funding and the retail investor's innate fear of dilution posed by the prospect of round fundraising.
After last year's £22 million share placing, which was spent of 3D seismic exploration, the explorer must secure a fresh injection of funds before it can meet its drilling ambitions.
Argos hopes to drill its first well at the end of this year, or the start of next year.
With a 46 per cent rise in the group's shares this week it seems investors may be waking up to the potential of Ascent Resources' (up 4 per cent today at 3.725p) the Petišovci project in Slovenia.
The strong rally comes as Ascent released very encouraging preliminary frac results from the Pg-11A well yesterday.
While quantitative data has yet to surface, Ascent managing director Jermey Eng believes the results so far are more than adequate to support the further development of the project.
As Rio Tinto grabbed the headlines in the big cap market, as it gate-crashed Cameco's hostile bid for Canadian uranium firm Hathor, a much smaller uranium explorer was getting the attention of small cap investors.
Uranium Resources (unchanged today at 2.25p), a Tanzania based explorer that's

[duncandisorderly] 21/10/2011 17:29

Agreed DCR,NOTHING WRONG WITH A BIT OF PROFIT!I was only ribbing you which I'm sure you know mate.
I think the patency would of been sorted out one they accomplished the first prototype.Let's face it they have more patents than you could shake a stick at.

[duncandisorderly] 21/10/2011 17:26

Well not a bad week all told.It would of been nice to finish around the 10p mark but hey ho.
Proven IP with multiple end users available.A real chance of jv's,territory licensing,etc plus a very real chance of one of the big boys trying to do a takeover.
We are still valued at more than a million less than we have cash in the bank so I feel confident of an enjoyable weekends sleep.
The only fear we had a week or two ago was that the FCL's wouldn't work,this has now taken a dramatic turn and although the price will retrace from time to time I feel it will only eventually continue to climb.Have a good weekend guys.

[dcroston] 21/10/2011 17:23

Dunc,

I have sold a few and more than happy to retain my core holding (nothing wrong with taking a little profit, I'm sure you would agree) and will be looking to add if the full scale demo version is built and tested ok which will take about 2 months and maybe 3.

errolc,
They were busy filing the patents in September but I think they should have completed them by now.

Best regards,
DC

[errollc] 21/10/2011 16:26

Dcroston: I believe the company is comfortable with the patent situation...I think it's one thing the previous management did well.

There seems very high optimism that the larger version will work and pass all tests. The MFCL is very simple so there should be no issues.

I suspect the company is already talking to companies about sales, or conditional sales...maybe there's a large potential customer in the US that SC is meeting on his trip?

[duncandisorderly] 21/10/2011 16:25

Lol,DCR's sold a few of his an wants them back on the cheap.I agree Marley.Contracts will only be done on a conditional basis if the products work so from that point of view there is no reason as all that negotiations can't start.Next week should be interesting then.i

[marley07] 21/10/2011 16:17

I don't think they would of issued such a statement unless they were confident of some form of sales.They end users will have some form of proviso that the products have to work anyhow.

[dcroston] 21/10/2011 16:08

Ok, let's see if we get any sales before we have completed the full scale version. Hope I am proven wrong but I doubt it.

[marley07] 21/10/2011 15:56

I don't think SC has gone to America to use up his air miles.Let us not forget that this is where we received the first £500,000 payment for a FCL.Could he be over there negotiating a deal for more units or a jv or a licencing agreement.There is not a cat in hells chance I would sell these especially this weekend.

[joeblogg2] 21/10/2011 15:37

dc. from the rns "Following this successful half-scale test, Zenergy will immediately seek to secure sales orders and commence commercial production of non-superconducting MFCLs in voltage classes; ranging from 4kv to 154kv. " seems to state otherwise?

[dcroston] 21/10/2011 15:26

I think a little perspective is in order.

I would be very surprised if we get any orders until the FCL is scaled up and tested and thats at least 2 months off, perhaps longer.

The company has pointed out that there are risks in scaling up so it would be very surprising if buyers come forward signing up to purchase a product that is unproven as yet.

Personally, I think the likely route to sales is prove the fully scaled up version works, then seek out JV's and then sell it in the market.

errollc,
Do you know if they got the patents completed for the new FCL. I know they were busy working on them and I'm fairly sure they got them completed. Is that correct?

[ireminisces] 21/10/2011 15:01

undervalued and going in the wrong direction

[errollc] 21/10/2011 13:27

AS I posted before independent research shows the market for FCL's is c.2000 per annum. At $2-3m a year that's a $4-6bn annual spend. If Zen get s a small fraction of this we will all smile...especially with 50% margins!