RE: So what’s the catch21 Dec 2019 08:34
TheDuKe - you will be perhaps slightly more relieved to know that many people, including myself, were significantly more underwater when
BMN had not yet completed on Vametco
Yellow Dragon was a mysterious unknown partner
90 Million Warrants were still outstanding
The Brits Resource had not been drilled or defined
A VRFB electrolyte plant had not even been mentioned
The idea that we would even be in the running for Vanchem as well as Vametco would have been laughable.
Mokopane would have cost over $250M to bring into production
The Eskom BESS had not even been suggested
The idea that we would be buying into 3 VRFB manufacturing companies would have been truly unbelievable (at that point RedT was valued at >£100M when BMN was valued at less than 1/10th of that).
When was this ? Precisely 3 years ago.
Guess what, we're all still here.