Member Info for Alfacomp

Some big accumulation again this morning, it looks like someone could be building a position here.

Sorry Pro5pector but you are all over the place on both this and ATM. I think you need to do a bit more reading around the subject to really pronounce in anything like the way that you have. Perhaps you could come back to us in a few months time.

Perhaps someone should tell him he can buy shares in the VRFB revolution here

Vauxhall Viva, don't be stupid, I'd make sure that the contract was not a fixed price one but instead worked like those operated by EDF for Flamanville nuclear reactor, or Crossrail for TfL or Medupi and Kusile power stations - once you have got the government on the hook you can simply string out the project as long as you like.

On the other hand Fortune and Mikhail are too honest by half and will no doubt come in on budget.

Vauxhall Viva, I'll do it for $440 Million

Nice to see Afritin getting a mention as one of the Tin producers that is still making a profit at even today's somewhat depressed Tin prices.

Gr33ning68 - you are miles out. The acknowledge ratio is 5,000 tonnes of Vanadium per GWh of VRFB energy storage. The Vanadium is only about 8% of the mass of the electrolyte so for 1GWh the weight of electrolyte would be about 60,000 tonnes.

For 1.44 GWh the 5,000 t/GWh ratio of course gives 7,200 tonnes of Vanadium. At say $30 per Kg that would be 216 Million dollars.

I reckon 1.44 GWh is going to be more like 7000 tonnes of Vanadium, unless you have any different references reteps.

SoTRR - okay as long as we continue to be clear what we are talking about. The situation is perhaps clearer that in the situation of FerroVanadium where the FeV is sold with a price per Kg of the contained Vanadium - this allows different alloys of FeV - FeV30, FeV50, FeV80 to be roughly compared as it is only the V that they contain that you care about.

In the case of Tantalite it is pretty much always the same mass of Lithium (0.7Kg) that is contained in each Kg so there is little need to talk about "Price per Kg contained Tantalum" - and so we can talk simply about the cost of the ore, Tantalite, and simply multiply by 0.7 when we want to know how much Ta we are going to get when we get around to roasting, smelting or doing whatever it is that needs to be done to get the metal, or whatever form you want for your industry. The only confusion arises when people loosely talk about mining or selling Tantalum, when in fact they mean the ore Tantalite.

faramog - did you listen to the crux interview ?

Badinvestor

re Toxicity - https://www.chemicool.com/elements/tantalum.html quotes Tantalum as 'non-toxic' ( ditto the Royal Society of Chemistry https://www.rsc.org/periodic-table/element/73/tantalum ) - again you may need to check your reference to establish if they are talking about Tantalum metal (which rarely exists in nature) and Tantalite ore (which does) and whether they are talking about exposure by ingestion or breathing in the dust, which I think is potentially more likely given that it is going to be a more brittle compound.

ProSpector - the use of inferred, indicated and measured resources is rather a technical specialisation - I do not think that the typical AIM investors would even have the foggiest as what the difference between these was and don't think it would ever lead to any kind of catalyst rerate.

Given that the company has already committed to build a magnetic separation circuit to separate the tantalite out from the cassiterite I think there is little need to wait for any further proof that they are confident that they can extract the tantalite, especially as the CEO has just gone on record stating that for each 10 tonnes of tin they expect to obtain 1 Tonne of tantalite.

Unfortunately that reference to the price of Tantalum does not make it explicitly clear if they are talking about tantalum metal or tantalite ore and if the latter what grade of purity, etc. (I think that the USD 151,800 is actually for Tantalum metal given the discussion in that article, but we need an explicitly clearer reference to avoid getting factors of 0.7 (or worse) injected into the analysis.)

There is an expected cost of production given by the company in earlier presentations - I recall around $15,000 per tonne for Phase 1.

10 times more energy storage - 30 GW up from 3GW today. Of that pumped hydro is about 2.8GW.

So unless someone discovers some more mountains pronto then energy storage has got to come from batteries, which means it has to rise from about 0.2GW to 20GW - a rise of one hundred fold in the next 30 years.

Good point RK - I know that there's a number of you that are continuing to acquire at these black friday prices. I may well join you if these bargains continue.

ProSpector - the discrepency in the Tantalum numbers is due to the fact that the JORC statement lists c. 6K tonnes of Tantalum whereas Anthony was, I believe talking about the Mineral Tantalite, which is what is actually recovering from the gravity separation and subsequent magnetic separation.

Tantalite (Fe) is FeTa2O6 and the Tantalum represents 70% of the mass of the Tantalite. So if you have 7 tonnes of contained Tantalum, then you have 10 Tonnes when it is in the form of Tantalite.

So now we just need a good fix on the price of Tantalite ore ...

beginerman - which others do you think have battery revenue ? - I hope you are not referring to Tesla who lost over $6 Billion in the last quarter alone.

Beginner man if you bother to read the numerous articles on the bushveld perspective about vanitec you will already know that BMN isn’t about to join the party it is running it.

Utter nonsense berserker as well you know Sanchez knows just about as much as anyone about BMN and a darn sight more than you

Pdub - we've not even got started on putting in the battery energy storage that is going to be needed by the grid. The grid scale batteries that have been installed in pretty much all territories apart from California have been typically less than 2 hours duration and are used for rapid regulation jobs on the grid. The big function, namely storing energy from one part of the day for use later on has barely been touched upon yet.