Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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I’d rather listen to a broken record than the aforementioned 5 brain cell list.
You say nothing new .... it has been clear to even those with only 5 brain cells that the situation is poor and requires Vanadium pricing to rise .... you are just a broken record
Faramog, when people post misleading comments like "Are we bovvered , given the prospects get brighter all the time" I like to present a more realistic future scenario, given that potential investors may be reading this . The prospects have never been worse in my opinion. I fully accept that everyone has their own opinion but lets consider all possible outcomes!
In for a Pound. Oh the irony
Why are you here TB ? .... all you do is moan
KN
As so many have previously posted over the past 18 months, you really should be 'bovvered'.
The problem is Lithium technology is still improving rapidly (if CATL's claims are to be taken at face value).
https://markets.businessinsider.com/news/stocks/catl-unveils-tener-the-world-s-first-five-year-zero-degradation-energy-storage-system-with-6-25mwh-capacity-1033251119
Knutsford, you should be "bovvered", very bovvered. V pricing is showing no signs of recovery, quite the opposite in fact. How long can the company continue to operate for before the funding runs out? What will come first, an rise in V pricing that makes production economically viable, or administration/buy out? A pure gamble with the odds stacked against you at the moment.
Been below 1p before and then rose dramatically. Are we bovvered , given the prospects get brighter all the time . The lithium battery chickens will be coming home to roost quite soon and those installations will more clearly be seen as only cheap short term but expensive long term as compared to VRFBs-i hope
KN
It is moving....down to sub 1p by the looks of it
Two trades totalling circa 30 quid at 1.0p .. talk about being walked down !!!
Re: ...This share needs to get moving...
Why it needs to get moving?
The read was very interesting, if this takes off it will rise very quickly. Cc is a very intelligent person im sure he’s on it. But an update would be appreciated. Too quiet. This share needs to get moving
Which is I guess why CC has rather stated clearly that he is not interested in it .. focus and concentrate on mining
But hey ... you keep adding value ... red crayon next time
And this is a buried link banging on about how Elon is worried sh&tless (yeah right)
.. https://secure2.angelpub.com/o/web/697521?_gl=1%2a1upky29%2a_ga%2aMTUwMjM5MDE0MC4xNzEzMTk2OTEw%2a_ga_EC9PKLT0JS%2aMTcxMzE5NjkwOS4xLjAuMTcxMzE5NjkwOS42MC4wLjA.
We await the revised costs following CC's pruning exercise but we still have the overhead of BE, Belco and Lemur all of which are not providing any income streams. We also have the previously agreed wage increase (from April?) , a legacy from FMs 2022 deal.
There is also the minor matter of the 7 million payment due at the end of this quarter , although an option exists to roll this over the associated increased costs are high. Need an update asap from CC.
Just for further clarity Faramog, if you read the Finance Directors report in the Dec 22 stat accounts (last available) you will see that all in sustainable costs were $43.7. Yes, the business is slightly different now, but not that much so I believe $40 is a very reasonable assumption.
4KT
Faramog, please check my post of 03/11/23 and if you disagree please provide your calculations.
Well @TB .. lets see your calculation for $40 AI costs then ... because I don't recall that ever being the case
Chinese company doing business in South Africa for vanadium, shame its not with BMN.
https://www.miningweekly.com/article/vanadium-resources-inks-offtake-mou-with-chinese-firm-2024-04-11
anadium Resources (VR8), a South Africa-focused, ASX-listed junior, on Thursday announced an offtake memorandum of understanding (MoU) with one of China’s leading vanadium nitride producers, Panjin Hexiang New Materials Technology.
Under the terms of the MoU, VR8 will supply 4 000 t/y of vanadium pentoxide (V2O5) from its Steelpoortdrift and Tweefontein vanadium operations to Hexiang. The agreement spans a period of five years, with the potential for Hexiang to extend for an additional five years.
Breaking even? No chance. Last advised cash production costs (Q4 23) were $27.3, this doesn't take into account all the indirect overheads and financing costs, total cost will be nearer $40 all in.
Ferro vanadium 80% spot in china is at 30.3, in US at 27-27.5, in EU at 26.25. We're just about breaking even though debt financing is mounting pressure.
Ukraine estimates min $500bn and it's safe to say that will double. Rough estimate of steel in that effort is 3.5 million metric ton. This is expected to drive steel and all supporting commodity costs significantly.