https://www.theguardian.com/environment/2020/sep/27/china-carbon-pledge-put-energy-system-reverse-wind-solar
Don't think we can currently appreciate the implications of this on demand for vanadium and other battery metals
Roll on this week! Obelix is buying and we should get drilling news!
Any reason for the timing? Developments in Canada?
Dcat/Swizz, do you guys think Largo has the cash reserves to stump up say $40 million to make that happen? I have a feeling it already has some pretty big capex commitments in the pipeline.
Agreed, so many thanks Dcat. If this were a gold explorer with these kinds of potential numbers, everybody would be all over it. It does emphasise why we need Largo or another company to take a stake.
Thank you Dcat. Very excited about the revenue forecasts!
I think there are some interesting nuggets contained in this article...
https://www.energy-storage.news/news/residential-vanadium-flow-battery-systems-under-development-for-australias
Can't even buy 20000 shares atm
Tex, I've always imagined the medium-term strategy is to sell. Get Jangada producing, prove up a much larger PW resource, sell ValOre stake and give shareholders a special dividend from that and then sell the company. Bingo, we quit our jobs...
It is a curious thing, the lack of PR. Dcat ended a very good tweet "off the radar" the other day, and you have to guess that they want to keep it that way until assured of a mining licence. Frustrating for us, but you just have to keep faith at moments like this.
Bit of buying pressure the last two days on minimal volume. Can we expect any Valore or Jan news beyond confirmation about the start of drilling later this month?
Thanks Tex. Maybe a Canadian royalties streamer an outside possibility?
This is a great RNS. How easy would it be to raise debt to start mining and how much would be needed? It might be preferable to a partnership with Largo.
I suppose the problem for the short-term sp is that if we are drilling again, then maybe the drill results are needed to convince a potential JV partner like Largo to go for it and buy into the project?
What happened to Mocidade? And when in October do the warrants expire?
I just topped up when I heard the comment about a material announcement soon. Also, the comment about the consortium sounds very promising
I think by far the best way to get exposure to PGMs is through Jangada Mines and its 17 per cent ownership of ValOre's Pedra Branca asset. It is likely to be a district-scale discovery. Jangada also have strong news flow coming because of its vanadium asset in Brazil. NB I am heavily invested in Jangada.
Would it be too early for Largo to do a deal with Jangada do you guys think? Or would they want to wait for more drill results?
Hello Tiger! Hope you are well. I don't post here so much as vanadium plays are more my thing these days (my main holding is Jangada Mines). Thanks for your thoughts, and I agree that it would have to be hostile unless the bid price were comfortably higher than the 55p level at which Betts family members invested.
Someone said yesterday that they expect Hummingbird to be bought out?
I have rarely been this excited about an imminent RNS