Member Info for Alfacomp

Lindon

it is as it says it is - "Voluntarily Dissolving A Company In Alberta Means Legally Shutting It Down" - the status 'liable for dissolution' is not simply a standard legal term that applies to all companies (like 'limited by shares') - it is s specific state that the company is put into, and in the case of Garnet Commerce Ltd it was done on the 2nd of December 2019

https://kahanelaw.com/dissolving-alberta-corporations-voluntarily/

Uksteveg - Dean Peterson kept referring to some unnamed 'numbered' company that he wanted all or a significant part of his Enerox Holdings Limited to be held in and was also insistent throughout that Garnet not be mentioned in press releases from BMN. Now this might all of course be simply because he is a very private person and wishes to remain in the shadows - something that seems to have changed somewhat now.

Today now over $43,000 a tonne.

As usual on AIM the companies actually making this stuff are ignored whilst those selling fantasies sucker in the punters. No problem as it allows me to get a few more ATM shares at ridiculously low prices.

I wonder if our North American shorters have decided not to risk their gains on the outcome of the trial

you are FM

FM it is not judged until it is judged, which should be very soon

pb940 - indeed they really seem a be chancing their arm.

loudspeaker - you mean the company that was dissolved in 2011 ?

Did the genius on ADVFN bother to spot that Garnet Commerce limited is currently liable for dissolution in Alberta

https://albertacorporations.com/garnet-commerce-ltd

Deep pockets my arse

pb940 - the average duration of that energy storage was calculated as 6.5 hours.

To make a 1 hour lithium battery last 6 hour you need to buy 6 of them and join them together. Some of the recent investing geniuses who have arrived in this group may be surprised to discover that this costs at least as much as 6 times as much as 1, plus you then need to add in extra switching and SoC monitoring equipment.

Long Duration energy storage will comprise the majority of electrochemical energy storage. Oh an by the way we haven't even got started on this in the UK yet. National Grid appears to have no idea of how much long duration energy storage is going to be needed - they are still talking about power and have not cottoned onto the fact that a battery that provides 1MW for 1 minute is not as useful as one that provides it for 10 hours.

pb940 - you are correct.

So to simplify the numbers if we assume that Vametco produces 3,350 mtV of Vanadium each year it turns out that the US ALONE will need 10,000 Vametco's to meet its energy storage needs with VRFB's

Just the US.

Does anyone want to guess how many Vametco's worth 6,097 GWh of VRFB energy storage is then ?

A recent study by the National Renewable Energy Laboratory in the US has concluded that the US along will need between 1,792 GWh and 6,097 GWh of 6.5 hour duration energy storage (i.e. so they are not talking about 1 hour lithium batteries).

Whilst you're all having your strong coffees to try and work out the minutae of the enerox/mustang/primorous/acacia deal you can sit down and work out how many thousand of Vametco's of Vanadium production will be needed for that amount of VRFB energy storage.

bluesy - so why did you only join LSE 2 months ago ?

It would appear that you did next to no research and are now blaming your own failures on others - either that or you are lying.

Why did you buy shares at 36p then ?

skyfarmer - importantly BMN produces about 25% of primary Vanadium production - this is production where the ore is dug up only for the Vanadium it contains. Most V production comes as a by-product of steel production and nobody is going to be making more steel just to get a little bit more Vanadium out - thus it is low-cost primary production capacity, such as BMN's that can easily scale up to meet VRFB demand.

how is the lake today DiamondLover ?

DiamondLover - it might have something to do with the fact the markets are not yet open.

https://www.linkedin.com/feed/update/urn:li:activity:6887713959248437248/

has doubled in the last year. ATM is now making many times more profit as a result.