Member Info for alfredh

and you believe Vanadium mining was any different? Haven't you seen the massive gas fired kiln or the furnace where FeV is being produced?

= WLFE repeated.

DisgruntledSH, thanks a lot for posting this update. To put this into perspective: If I am not mistaken, what this sentence "Four million liters/year of ultra-high-purity VRFB electrolyte can enable reliable power backup for approximately 73 megawatt-hours of renewable energy each year." means is: It takes ~15 years of USV's electrolyte production to store the energy that an average nuclear plant produces in one hour.

Thanks a lot for your help, mogwhy! AFAICS the report is from 2019 and the headline says these projects were "proposed". I understand it takes a considerable amount of time to develop projects like these but I would also expect updates being released occasionally. If there were 3 years of silence one might become wary about whether or not the projects are actually being pursued.

I was trying to find more information on the "---400 MWh---- Zimbabwe - Bulawayo" project but couldn't find anything. Do you remember where you got the info from?

IMO this is an interesting way to separate vanadium from hardware costs. Bushveld might go the same route.

https://money.tmx.com/en/quote/LGO/news/8528654142804311/Largo_Announces_Proposed_Qualifying_Transaction_for_New_Physical_Vanadium_Holding_Company_Largo_Physical_Vanadium_Corp

Chinese New Year public holidays 31/01 - 06/02. Many businesses shut down earlier and re-open later.

Today's RNS is good news for those in the glass-half-full camp and underwhelming for the-glass-half empty folks. Both views are legitimate and can easily be justified. No reason to bash anyone IMO. While I am happy with the fact that guidance was met towards the upper end of the range and no major problem occurred, one should not forget it is reduced guidance that was met. 12 months ago the company "Expected Group production of between 4,100 mtV and 4,350 mtV in 2021". https://www.londonstockexchange.com/news-article/BMN/q4-and-fy2020-operational-update-correction/14855683 The Q1-2021 operational update cautioned "Group guidance expected towards the lower end of 4,100 mtV and 4,350 mtV" and the annual report revised "Group production guidance [...] to between 3,400 mtV and 3,600 mtV."
Now this was met. The fly in the ointment is Vanchem's 262mtV due to Upper Seam problems resulting in kiln ring formation. I consider this usual teething problems that will be overcome. While I am still a bit disappointed with regard to 2021 production figures, I view the company's stock as clearly undervalued at current levels.

The share price is the result of markets having lost faith in the company's ability to consistently deliver sound operational performance meeting guidance. I hope management has learnt a lesson and will never again over-promise and under-deliver because this is what kills trust and crushes the share price. As they say, trust is lost in a second and takes a long time to rebuild.

Having said that, I am taking advantage of the currently depressed share price. I believe a multi-year growth trend for utility scale VRFB applications is just about to start with many positive implications for our company. Once this trend gains traction and a wider audience takes notice, Bushveld Minerals could even become a stockmarket's darling.

YTSS wrote: "Where do USV get their V from"

"USV recovers vanadium from this feed material, sourced from India, "...

https://usvanadium.com/u-s-vanadium-secures-5-year-supply-of-vanadium-feed-material-for-processing-into-high-purity-vanadium-products-and-ultra-high-purity-vanadium-redox-flow-battery-electrolyte/

I follow the chat board but tend to remain quiet. Thank you to the posters who provide valuable info like the list of VRFB projects and helpful links. I deem Vanadium the next Lithium since the need for large scale batteries is obvious and the advantages of flow batteries are evident. I do not favour one company over the other yet so I am invested in Largo and Bushveld as both should profit from increased demand when VRFBs take off. Should they catch a piece of the VRFB market too, that would be the icing on the cake. GLTA!