Gelion – “successful completion of drone mission testing”, how material?

Describing itself as “seeking to replace the critical minerals in current lithium-ion battery cathodes with its Nano-Encapsulated Sulfur, a low-cost cathode active material made from abundantly available sulfur, that can be deployed within existing global manufacturing lines”, Gelion (GELN) has announced “Successful completion of drone mission testing”. What about this with the shares currently more than 5.5% higher, at 19p, in response?

Gelion – “pleased to announce” a joint development agreement, what about a full-year financial update?

Describing itself as “an advanced battery materials company developing next-generation cathode technologies”, Gelion (GELN) has issued a “Funded development and scale-up agreement”-titled announcement which emphasises this “adds another major global Tier-1 partner to the company’s collaborators that will bring further commercial traction with OEMs”. What about it from a currently approaching 20p share price, around £45 million market cap?

Gelion (#GELN) – “joint development agreement with Mitsui Kinzoku”

Gelion – argues discounted fundraising “to convert… to commercial success”, but what did it say on 2021 AIM listing again?…

Last month I warned ‘Gelion – “Successful MPI Tech Transfer & Sulfur CAM Scale-Up”, attempted ramptastic?’ after in August ‘“Achieves Breakthrough in Li-S Performance”, attempted ramptastic?’ and in July ‘“Grant Funding & Commissioning of Prototyping Line”, attempted ramptastic?’. Now, quelle surprise, from the self-described “global energy storage innovator”, a placing, subscription and “retail offer”.

Gelion – “Successful MPI Tech Transfer & Sulfur CAM Scale-Up”, attempted ramptastic?

Having reached 26p on an “Achieves Breakthrough in Li-S Performance” announcement last month, shares in “UK-Australian battery technology innovator” Gelion (GELN) have been falling back and most recently closed at 20.5p. How helpful then a now “Successful MPI Tech Transfer & Sulfur CAM Scale-Up” announcement?

Gelion – “Achieves Breakthrough in Li-S Performance”, attempted ramptastic?…

Describing itself as a “global energy storage innovator”, Gelion (GELN) has issued an “Achieves Breakthrough in Li-S Performance”-titled announcement. What of the shares up 4% in response at 26p?

Gelion – “Grant Funding & Commissioning of Prototyping Line”, attempted ramptastic?

Describing itself as a “global energy storage innovator” Gelion (GELN) has issued a “Grant Funding & Commissioning of Prototyping Line”-titled announcement. What of this, with it currently helping the shares up more than 6% to 25p, an above £44 million market capitalisation?

Gelion – proposed discounted equity fundraising and still more funding to be needed this year? (despite its accompanying ramptastic announcements)

Most recently writing on AIM-listed company describing itself as a “global energy storage innovator” (hmmm, a costly area to ‘innovate’ in!) Gelion (GELN), last month with the shares above 10p I concluded ‘ahead of now even closer yet another attempted fundraising ahoy, avoid/sell’. The company today has announced “Factory Acceptance Test Complete & First Revenue” and “Breakthrough Sulfur Test Results and MTA agreed” titled announcements, though with also “Proposed Placing, Subscription & Retail Offer” – quelle surprise!

Gelion (#GELN) – fundraising for up to £2.1m at 9p per share including “up to” £0.19m “retail offer”

Gelion – “Nominated and Financial Adviser” change, now why might that be?…

Describing itself as a “global energy storage innovator” (which immediately sounds costly), Gelion (GELN) “is pleased to announce the appointment of Strand Hanson Limited as the company's Nominated and Financial Adviser, with immediate effect”. Now, why might that be?

Gelion – interims emphasise “significant technical and commercial progress”, but now running out of cash at a very bad time?

Most recently on Gelion plc (GELN), last month I wrote on a “GEN 3 Sulfur Cathode viability update” from it that its shares had responded more than 27% higher to above 15p, but the announcement ramptastic? Avoid/sell. The shares most recently closed at 11.5p and what about now results for the company’s half-year ended 31st December 2024, with it emphasising this “a period in which the company made significant technical and commercial progress, including signing commercial orders to generate revenue and gross margin to be recognised in the second half” but the shares currently responding further lower to below 10p?

Gelion – “GEN 3 Sulfur Cathode viability update”. Ramptastic?…

International cash burner (Oops, I meant “Global energy storage innovator”), Gelion (GELN) has issued an announcement headlined “Gelion's GEN 3 Sulfur Cathodes Viable for Full Solid-State Batteries” and that “development allows Gelion to potentially offer a solution across the liquid, semi-solid-state and solid-state technologies, targeting an even wider range of applications”. The shares have currently responded more than 27% higher to above 15p, but the announcement ramptastic?

Dr Graham Cooley joins Gelion, is that really such a catch?

I cannot see any reason to own shares in Gelion (GELN) but perhaps I am missing something? Feel free to enlighten me. Today it has announced the appointment of Dr Graham Cooley as NED boasting that “Dr Graham Cooley brings a wealth of relevant experience and knowledge to the Gelion Board through his background in the power, energy storage and hydrogen sectors over more than 35 years.” Hmmm.

Gelion – “pleased to confirm” directors fundraising participation, but how ‘pleasing’ really?…

Gelion (GELN) has announced it “is pleased to confirm that, further to the company's announcement on 18 December 2024, the directors' intended participation has now been effected”. How ‘pleasing’ is this fundraising “participation”, with shares in the company currently at 16p?

Gelion (#GELN) – notes directors' participation in its fundraise

Gelion – red flags at Christmas; results argue “positions us well for the future” but contain a continuing cash burn “Going Concern” warning!

Writing on Gelion (GELN), describing itself as an “innovative battery technologies” company, earlier this month I questioned how much really so its fundraise would help it drive forward its goal of integrating into global supply chains – concluding, also with attempted ‘no one watching’ results upcoming and a prospective above £25 million market cap, still avoid/sell. So now what of the results for its year ended 30th June 2024, headlined “A strong year in which Gelion delivered on all major set milestones while proactively managing costs”?

Gelion (#GELN) – red flags at Christmas; loss-making and cash-burning full year results

Gelion – argues its fundraise “will help us drive forward our goal of integrating… into global supply chains”. Er, how much really so?…

Gelion (GELN) “is pleased to announce… due to further demand in the accelerated bookbuild process… increased the size of the placing and subscription to approximately £1.57 million… at an issue price of 15 pence per new share”. That is with CEO John Wood having argued the new funds “will help us drive forward our goal of integrating Gelion's technologies into global supply chains… We are deeply grateful for the continued support of our shareholders and are pleased to welcome new investors joining us in this fundraise”. So what of this and a currently unchanged 17.5p share price?

Gelion (#GELN) – raises £1.57m at 15p per share and an “up to” £0.15m Bookbuild platform ‘retail offer’

Gelion – “Produces Solid-State Separator”, again attempted ramptastic?

Self-described “battery innovator” Gelion (GELN) has announced what CEO John Wood emphasises as “an important milestone in unlocking the full potential of sulfur-based batteries, contributing to the global electrification revolution”. Er, what of the shares currently more than 2.5% down at 19p in response then?