nice find Delboys, that's around a quarter of a million dollars there.
Interesting is the shipment earlier in the year, to Baltimore, but in the name of Corner Banca SA a swiss bank specializing in private banking, as well as in retail banking, providing lending, payment cards (Cornèrcard) and online trading (CornèrTrader).
indeed luderitz, which is of course why the Bushveld Perspective was created. Were it not for CV-19 there would have been an update on these articles from this year's conference.
I'm still hoping that the Vanitec ESC and the International Flow Battery Forum are going ahead this summer.
Drifter88 - the average cost of electricity is irrelevant, it is the cost of peaker plant electricity (something like 5x higher than the average) that you need to consider because peaker plants is what VRFBs are going to replace.
The US Eland project has already established that solar+4 hr storage can be provided at $20+$20 per MWh, albeit this is for Li-ion storage. This compares with peaker plant prices of $200 per MWh.
At a single charge per day VRFBs are only a bit more expensive per MWh, increase the battery duration to 8 hours and they will be cheaper than Li-ion.
I hope nobody misunderstands what the VIP program is all about. It is not about propping up a pre-commercial sector it is Bushveld's mechanism for cornering the market of up and coming VRFB companies. You wanted an integrated Vanadium-to-Batteries offering, this is how it happens.
With battery build costs of 40%+ attributable to the Vanadium alone it was always only going to be a matter of time before the Vanadium producers took control of the Vanadium-to-VRFB supply chain (the reason it is not the other way around is essentially because Vanadium producers have an already lucrative market in Vanadium for steel and so have no need to really bend to the will of any new VRFB boy on the street). Whichever speculators produced the Vanadium price spike in 2017 and 2018 they really did us a favour with their timing. Money flowed into Glencore, Bushveld and Largo's coffers, then Largo had to hand a big chunk of that back to Glencore. Bushveld kept its and invested in building out its Vanadium production capacity, cornering the brownfield production in South Africa as well as buying into the squeezed VRFB manufacturers at brilliantly discounted rates.
It just goes to show exactly what Fortune meant when he said that Vametco was the 'launchpad, not the destination'.
knuttie - when you see that the chinese are building a single VRFB the size of a football stadium I think that we can confidently conclude that they are getting closer to commercial adoption.
stodgy - I think that scenario is highly likely - SA is widely considered to have done a very good job in stopping the virus in its tracks whilst Brazil's leaders have been in denial up until now and have given the virus the chance to get a grip in the favelas
Ohhh, dear you know so little you sad pathetic individual. The real story is laid out here for those that have the smarts to figure out they actually need to do some research not listen to some here today and gone tomorrow Avatar on a bulletin board:-
Not at all Hamil, if you would have bought in 2014,2015, 2016 and early 2017 you would have made even more profit. Any investor who wants to get an easy profit without taking the pain of being down once in a while is deceiving themselves and maybe others.
Indeed Sanchez - he's not just delusional but also incredibly stupid. It is trivially easy to demonstrate that within fair confidence levels yesterday there were 3,527,729 buys versus 2,699,950 Sells - that's an excess of 827,779 more buys than sells.
This 'for every buy there's a sell' may be formally true, but they are not on the same day and not at the same price - that's how the Market Makers make their profit - and if they cannot profit from random churn on the share price they will do it by shorting the shares that have any interest amongst Private Investors.
Halespur - just a reminder if you do wish to do something about the market manipulation on this share you can join our Market Manipulation bounty which currently stands at 382,544 shares pledged to any whistleblower who's evidence brings forth a successful prosecution for Market Manipulation.
I agree with both AM and Pdub's excellent response. We could do with more communication and no here is not the place to call for it because this BB is trawled by traders looking for anything to shoot the price down with.
It is worth remembering that the current Market Cap is in no way a reflection of what most shareholders think the company is worth regardless of what the efficient market apologists will claim, instead it is a reflection of the lowest price that perhaps one or two are prepared to take for the shares that they may have got at 10.8p or lower. That is a very different thing.