The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
As well as the 2.1GW of standalone battery energy storage mandated by the IRP2019 it is likely that there is going to be multiples of that coupled with new renewable generation projects.
This actually works quite nicely as it allows you to couple things such as solar panels to the batteries by DC thereby avoiding the DC->AC and AC->DC inverter losses that would otherwise be incurred for remotely sited BESS systems.
Ninvestor - you should have the courage of your convictions if you've done your background research properly.
I have done extensive research on the Energy Storage market and it is clear to me that long duration energy storage has not even started yet, but when it does, Vanadium Flow Batteries are one of the safest and most appropriate technologies to employ for 4-8 hour energy storage. The market cannot avoid the physics forever.
pumpky - it's clearly bad from Mustang's perspective as they don't get to do what they originally wanted to do and have to pay us a 5% charge. Bushveld takes more of Cellcube/Enerox via the subsidiaries Bushveld Energy and VRFB-H - it's up to you to decide if you would rather have more of that pie or wish to offload it to some other investor.
Pekingduck - that is not correct - both Prospect and Afritin have petalite Lithium ores which are lower than spodumene in terms of Li2O weight per tonne of concentrate but petalite is a different mineral and typically has lower Iron impurities than spod so is preferred for the premium applications of Lithium Oxides - such as glaze manufacture.
The main difference between Prospect and Afritin is the location, which in the case of Prospect is a greenfield site in Zimbabwe and in Afritin is Lithium coproduction with Tantalum and Tin (in production) in Namibia
Prospect is currently valued at 345M AUD (185M GBP) having risen 300% in the last 6 months, whilst Afritin is only 59M GBP, having stayed approximately the same for the same period.
people need to see this - https://www.youtube.com/watch?v=PrWEBqjVzXg
Halespur, it doesn't bother me that others are running after fantasy fortunes elsewhere. I am following a genuine Fortune here and am continuing to build my stake further.
There are many things happening in the VRFB space that I cannot talk about.
LB21 - V2O5 is 56% vanadium by mass. BMN always reports their sales in contained Vanadium mass so significant adjustments need to be applied. Are you asking precisely how much V2O5 was produced by Vanchem and Vametco or what the equivalent would be in tonnes of V2O5 were it all to be measured that way.
Of coffeecups I would have assumed that you knew there was a difference between coffee beans in the ground and in the cup.
Same is true of Vanadium deposits, there's a big difference between having vanadium deposits in the ground and actually being able to turn it into saleable product. This is why it is important to note that Bushveld Minerals owns 2 out of 4 of the world's primary Vanadium processing plants outside of china.