Member Info for Alfacomp

https://twitter.com/MylesMcNulty/status/1324628321230036998

ditto from me gambit - having seen Mikhail in action chairing the Vanitec Energy Storage Committee (as well as founding the South African Energy Storage Association) it is clear that there is nobody in the world better placed to take advantage of the impending VRFB and long duration battery revolution.

What needed to happen was the conflict between Vanadium producer and VRFB manufacturers to be broken. (One wants the V price to be high whilst the other wants it to be as low as possible.)

Regular Vanadium price spikes have happened each time the chinese have improved their rebar regulations (three of these spikes have happened since the year 2000) and this continually knocked back the development of the VRFB sector. How can any manufacturer produce a sales pricelist when the cost component of 50% of what they make could treble within a year ?

Mikhail and BMN/BE have successfully broken this conflict by taking stakes in two of the leading VRFB manufacturers Invinity (Redt/Avalon) and Enerox (Cellcube)- thereby guaranteeing them supply of Vanadium, as well as routes to leasing the product.

This is what the VRFB sector has always needed, and to be frank, only Mikhail and BE was in the position to deliver - which they now have.

yes gambit I remember meeting him in the lift later and he was like 'who was that crazeee british guy and what was he drinkin ?'

BMN are already well aware of what Largo is doing. Fortune has known Alberto for years.

faramog - unfortunately the current sound-bite clown is able to fire lots of well informed people at the heads of national organisations - eg

Environmental Protection Organisation - Scott Pruit - https://uk.reuters.com/article/uk-usa-trump-epa/trump-nominates-acting-epa-head-an-ex-coal-lobbyist-to-run-agency-idUKKCN1P326I

National Oceanic and Atmospheric Administration - Erik Noble - https://slate.com/news-and-politics/2020/10/trump-political-appointee-removes-noaa-climate-agencys-chief-scientist.html

Department of Energy - Rick Perry - the department he could not even remember the name of - https://www.theguardian.com/us-news/2016/dec/11/rick-perry-donald-trump-energy-department

Perry was ousted earlier this year because he landed Trump in hot water regarding the Ukraine call (or that is what Trump thinks) - https://www.npr.org/2019/10/17/593950148/energy-secretary-rick-perry-resigns?t=1604573090160

All of the other DoE trump appointments are listed on this page here - https://en.wikipedia.org/wiki/Department_of_Energy_appointments_by_Donald_Trump

So not everything has to go to the Hill.

No Tra1 I am the original one who came from the BMN board to explain useful stuff to people like you who know nothing about the Vanadium or VRFB sector.

I spoke to the CEO 18 months ago - it was clear to me at that point that he had only a cursory understanding of the VRFB market and was years behind the global efforts that Vanitec already had up and running to bring Vanadium producers and VRFB manufacturers together in strategic alliances.

no the chinese have already got their Vanadium supply chain sorted out. They don't need to go begging to the ex-russian states any more.

Tra1 - the thing is I know most of the VRFB manufacturers and none of them will be needing to go to Ferro-Alloy Resources to buy Vanadium or Vanadium electrolyte. So unless you are going to tell me that they are also going to be starting a VRFB company I think that they are going to be very last in the queue of people looking to sell Vanadium electrolyte into the VRFB market. Sorry but that's what happens if you are 4 years too late.

Starting to move again. I count over 1 million excess of buys yesterday.

David - you're the first person here to really point this out. It was obvious to anyone who really knew about the Vanadium market but the Twitter herd that arrived here 4 weeks ago did not want to hear it. Now that they have left perhaps a little reality can return.

Currently this company is processing spent catalyst and maybe some fly ash with a V2O5 content of between 10 and 25%.

Their black shale ore has a V2O5 10 times lower than this. Whatever they are currently doing yields no insight into whether they can actually process their ore at the incredibly low prices they are claiming.

No doubt Gwede will hang around to hear about the impact of 4IR and the transition to a low-carbon economy.

Daisan - I'm of course talking about gold being overvalued due to a temporary herd like rush into buying it. After all it has only limited actual industrial value, much less than the fiat value ascribed to the metal.

https://articles.cruxinvestor.com/rare-earth-elements-defined?utm_content=144838133&utm_medium=social&utm_source=twitter&hss_channel=tw-1055427799618674688

What if all the gold has all been bought - where do you put your money then ?

In a commodity that has undeniable value and will not decline in value, unlike paper currencies.

President Xi Jinping switching on the Dalian 800MWh VRFB, the world's largest battery.

SuperRoty - AIM is mainly a rainbow chasers and shorter's market - good quality companies that just get on with it can fly under the radar for some time before the herd takes notice. In that respect it is highly inefficient as far as markets go.

UncleJohn - fortunately I’m not one of them - I’ve now got more BMN shares now than I’ve ever had, and I know a number of others in a similar position

Thanks for spotting that Jimbo

this is the original:-

"For example, lithium batteries typically cost $600 to $900/kWh and last for 3,000 to 4,000 cycles. Therefore, their cost per cycle averages $0.21. Plus, lithium batteries lose up to 40% capacity very quickly.

The advantage of vanadium is that at a similar price point, it can complete 15,000 cycles, lowering its average cost to as low as $0.04 per cycle."

this is the revised version:-

"For example, residential lithium batteries typically cost $520 to $900/kWh and last for 3,000 to 4,000 cycles. If you assumed $750/kWh, the cost per cycle would be an estimated $0.21. Assuming $520 for 4,000, you get $0.13/cycle.

The advantage of vanadium is that at a similar price point, it can complete 15,000 cycles, perhaps lowering its average cost to as low as $0.04 per cycle."

So not so much of a difference as to have justified the original censoring by Mr Musk, as it effectively was.

Hamill - no I don't think so.