Member Info for Alfacomp

correction it is https://www.thebushveldperspective.com/

numpty - the Lazard papers do shed some light on the factors they take into account, though your won't be able to work it all out from what they give you though, that is how I guess they make some money.

numpty - each customer needs to work out what is called the Levelised cost of storage for their particular situation. This takes into account the paid services they may be offering their end customer, the cost of money to pay for capex and opex, and the technical performance (depth of discharge, round trip energy efficiency, losses in inverters or airconditioning.)

Lazard give some example here:- https://www.lazard.com/media/451087/lazards-levelized-cost-of-storage-version-50-vf.pdf - the previous years one showed typical LCOS for different technologies though the latest one does not perhaps because it was deemed to be unhelpful as it led some people to the naive conclusion that only a single technology was the cheapest - it is much more complicated than that.

Pat48 as Glencore don't make steel or VRFB's the conclusion would be that they simply sell it to people who do (they may do a little bit of processing to put the Vanadium in with Iron to make FerroVanadium alloy which is simply a delivery mechanism for Vanadium to be used in someone else's steel furnaces.)

They can of course stockpile material when it is low cost, so that they can sell it later when prices are higher because Vanadium does not degrade.

Vanitec makes great efforts to prevent any kind of price collusion or cartel activity, as it should do, but even having the knowledge of eg. when Chinese rebar regulations are going to be brought up to scratch, can trigger speculative price ramping.

Most cross industry trade organisations such as Vanitec would exclude pure trading organisations because of the obvious risk of speculative price ramping due to privileged access to such information from those across the industry (if members of Vanitec were not permitted to talk about regulation improvements then that would leave them little they could talk about.) I understand that Glencore do not get classed as a pure trading organisation because they have Rhovan production.

Pat48 - Glencore has its own mine in South Africa called Rhovan. This, together with Largo and Vametco are the only major primary producing mines in the world outside of China.

Glencore also runs a lot of trading activity and so may still be buying some of Largo's product but in 6 weeks Largo will no longer be legally obliged to sell only to them.

So the remarkable drop in Vanadium prices may have cost Largo $137 Million and who will have benefited from this, why their only customer Glencore.

Just sayin ...

faramog - it is not faith that I have it is knowledge of the facts as detailed at length on the Bushveld Perspective.

faramog - when your product relies entirely upon someone providing a key element for you I think you will find that we do have quite a bit more than a say.

That's putting it kindly - I've been to every one of the last 4 Vanitec ESC meetings so I know that Fortune , Mikhail and Alberto are the people who everyone else listens to, so try and put aside your anti-RedT agenda. We all know you lost money on the company but that is not Fortune's fault.

Pdub - my first thought is that the 10.53p is a Sell (average Buys today works out around 10.545p) from a Tame Seller to a MM, then that MM has sold them onto a second MM and then they have been transferred on at the same price.

This may all be due to the fact that today was a triple witching day.

pb940 - A.dVFn shows trades at between 1 and 1.14 at the end of the day so 1.075 looks about right

pb940 - LSE says Red finished at 1.075p

LSE is missing about 20 trades so far today

wow Knutsford - sounds like you really had to work quite hard to get those. Still, nothing good in life comes without a little effort.

Well done Knutsford - I see that in the last 10 minutes they have had to drop around the same number of shares into the market as Sells.

What an amazing coincidence. It is almost as if they had those shares sitting there just waiting to be used. Well done, you've cleared those off that shelf - how long before their stock of shares is gone ?

Sounds interesting Paludina, pity we cannot track them like you do with the shipments to the USA.

what visitors are they Paludina ?

it is for the electrolyte plant daitom

what a superb person to have advising Fortune and the board - I had not realised that she was Deputy Chair of NERSA between 2006 and 2010 and had received the French National Order of Merit

https://www.linkedin.com/in/dollymokgatle/?originalSubdomain=za

faramog on this occasion the minister to whom you are referring is not the issue

Mark

CGT is already at historically low levels. Plus there is the CGT allowance of 12 grand.