Member Info for EarlofAim

CEO has skin in this, so if he wants to be a successful businessman he will deliver this, yes it is taking a bit longer because of the covid19 situation.
I'll be backing him to get Tunisia deal and Congo.
GLA and Dyor

correction on typo

Vanadium flow battery - VFB
this will be a game changer and should over take Lithium ION batteries.
VFB - why this is a major break through in technology?
over the last 5 decades or so, solar energy was known, but the main obstacle was how to harness the power/energy from the sun and store it for later use.
over the years battery producers couldn't find a a way to store industrial level energy. the now this new break through technology VFB will dominate in the near future.
Ferro-Alloy plc have huge vanadium assets and just filed patent to be granted for the VFB technology.
already the company has engaged with the battery producers, so most likely some will take significantly amount of the company and make this into a better world for most energy users.

GLA and Dyor

Vanadium flow battery - VFB
this will be a game changer and should over take Lithium ION batteries.
VFB - why this is a major break through in technology?
over the last 5 decades or so, and solar energy was known, but the main obstacle was how to harness the power/energy from the sun and store it for later use.
over the years battery producers couldn't find a a way to store industrial level energy. the now this new break through technology VFB will dominate in the near future.
Ferro-Alloy plc have huge vanadium assets and just files patent for the VFB technology.
already the company has engaged with the battery producers, so most likely some will take significantly amount of the company and make this into a better world for most energy users.

GLA and Dyor

The development of Balasausqandiq is going to transform the world of vanadium. We can meet the rapidly expanding demand from battery storage as well as for the steel industry faster, at a fraction of the capital costs per annual tonne, and at a far lower cash production cost than any existing or planned vanadium producer.

Nicholas Bridgen, CEO

health and safety business are booming, so this should also.
GLA

Hamiltonbro
is this dividend in October? if so I'm sure lots would buy for the dividend and the fact NAV is 34p.
thats excellent, plus more contracts to follow.

look at #Kodal mineral did 240% on MoU.
so some update on the discussions with battery producers will have this noticed by the markets.
like #EUA had sale sign up and it done 30 bags.
so I wouldn't be too negative.

let's hope best for all.

the ball has started to roll, I reckon one of the Chinese people battery makers will do some deal with #FAR, based on the geographical area this is in.
That's my Opinion. China are becoming more EV producers of lately.

taken from 2 September rns

'Ferro-Alloy aims to become a regional supplier of electrolyte and is currently in early discussions with battery producers'.

hazbeen
I agree with you on that, Vanadium has lots of usage around the world from steel, alloys, aircraft, batteries etc.
just selling raw materials Vanadium to those mentioned industries will be significantly higher revenue for the company.

creating energy from solar, wind and hydro is almost free energy from nature, however the biggest challenge is to store the energy.
That's where Vanadium and #FAR could change this industry.
GLA

this is what we are talking about.

https://youtu.be/EoTVtB-cSps

Ferro Alloy and vanadium flow battery,
just Google vanadium flow battery.
multi billion untapped industry

the clue is on the website, either the website is inaccurate or needs updating.
I can only calculate what information I've seen on the website.

GLA and hoping more great news comes from this company

taken from the company website
55000 Vanadium Per Year and @ $15000 (per tonne) = $825M revenue P. A
then one that you have lots of by - Products, I can't calculate as I don't have any numbers to do so.

remember by products include Uranium and rare earth metals ect.

Only the first (of five known) ore-body has been explored to full depth, giving a reserve of 23 million tonnes, it is considered likely that after full exploration of the other ore-bodies, the Balasausqandiq deposit will be large enough to support an operation of up to 10 Mtpa of ore, producing about 55,000 tonnes of vanadium pentoxide per year.

The development of Balasausqandiq is going to transform the world of vanadium. We can meet the rapidly expanding demand from battery storage as well as for the steel industry faster, at a fraction of the capital costs per annual tonne, and at a far lower cash production cost than any existing or planned vanadium producer.

Nicholas Bridgen, CEO

The Ferro-Alloy Resources Group (“FAR”) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process. It is planned that output will be increased in stages to reach 22,400 tonnes of vanadium pentoxide per year, mostly in the form of ferro-vanadium.

FAR is already in production processing purchased vanadium-containing secondary materials to produce vanadium in the form of ammonium metavanadate (“AMV”). FAR currently installing equipment which will enable it to increase production and convert its AMV into the more commonly traded vanadium pentoxide

hazbeen
I've been in EUA and traded a few times and but this reserve is huge and according to the company website could change Vanadium industry.
I'm a mathematician and I can calculate what ever I see.
numbers are my strength and I'm looking at this in pure mathematics, the reserves has $345 Billion USD worth give or take dollar fluctuations

hazbeen
why you calling out DONOTPANIC?
he's not making this up, it's on the company website and it's in public domain.