Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"This was re-rating before Putin invaded Ukraine and now as the Russian economy tanks especially the mining sector and investors scramble to get their money out they are going to want to put it back into mining elsewhere.
This is at an historical high......I think you may have lost your chance."
Over at BMN this is happening already up 8% this morning - this one next
This was re-rating before Putin invaded Ukraine and now as the Russian economy tanks especially the mining sector and investors scramble to get their money out they are going to want to put it back into mining elsewhere.
This is at an historical high......I think you may have lost your chance
Alfredh, A 2 million pound expansion at USV wow!! .........so they are still a very, very small producer.
Your comparison of a nuclear power station against a VRFB doesn't make sense. A VRFB is a power store a nuclear power station is a power generator. We need power storage at wind and solar farms.
What good would a nuclear power station be at a wind farm??
Tiny operators like USV will be soon followed by bigger and bigger suppliers of electrolyte such as BE
According to analysts this is currently trading at 43% below fair value.
Around £0.27 would be fair for a company at this stage of development.
I am sure it will get there on the next bit of good news
Yes, I do hold BMN but I also hold other investments to do with renewables not just Vanadium, including Lithium.
There is far more Vanadium on the planet than Lithium, both being very abundant but the point is, as you say, about ramping up the mining to levels that are sufficient.
Until this is achieved then it is irresponsible to use Lithium in large scale storage when it is the only metal suitable for transport.
To say this is partisan is correct but how stupid is that! What we need is all sides to agree that both Lithium for transport and Vanadium for grid storage is the way forward.
There is one answer to the Lithium issue - Stop using it for grid storage
Why use 1000's tons of lithium for renewable storage batteries when it is needed for transport uses.
Vanadium flow batteries are better suited to grid storage.
Wasting Lithium on static or grid batteries makes absolutely no sense
Phase 2:
10,000 tons - Tin Concentrate
350,000 - Lithium Con.
1,000 tons Tantalum Con.
I am beginning to think I am not invested in a tin mine after all.
AV should reconsider the name.
Anyone considering this investment would be wise not to put it off.
Apart from the fact you need to take Fitch's predictions with a pinch of salt.
But if they are correct then by 2024 tin prices will still be 15% above the 2016-20 prices and will remain at 10% above until 2030.
They came to market during the 2016/20 period and in that period they where unaware of the potential Tantalum and Lithium deposits which could make the tin free to extract.
You may not approve of the way Vilijoen comes across during these interviews but I backed ATM based on his history of success in mining not on his ability to be a great interviewee.
He tells me what I need to hear to stay confident in his company
There is no reason for the SP - it just doesn't make sense at the moment.
Its not just the tin price but the other tech and battery metals that ATM will be pulling out of the ground very soon.
The sentiment will turn on this very soon, today's jump could be the start of it, and when it does we could quickly see a major uplift.
I am glad I am substantially in here this is one of my best hopes for a great return.
Agreed: If you crunch the numbers the SP is in the right ball park but the growth prospects should MORE than compensate.
The growth prospect here with the Tin price and now Lithium and Tantalum are astronomical.
My take is that, regardless of the number crunching, the prospects alone should reflect double the current SP.
And early in the new year I think it will have doubled based on the prospects and on the good news I expected before then.
I was thinking around 30p after phase 2 - with the other two tech metals it could be a lot more.
Although that could be 12-18 months away I am in no hurry
AVL are way behind Bushveld. There production facilities are just being talked about and the funds arranged.
It will be 2024/5 before there is any chance of a commercial Electrolyte facility in western Au from AVL.
Bushvelds East London site will be ready next year and producing commercially in 2023.
So AVL should be able to supply E22 with Electrolyte a good 1 - 2 years after Bushveld have been already selling commercially into the market.
Your attempt to compare BMN with AVL is nonsense, there is no comparison BMN is a farther ahead by quite a margin