no its because there is more high tensile steel being made and there is not enough vanadium .... VRB is embryonic still and will just add to the pressure....in the long run I am not sure it will make much difference VRB is on the march
I believe tin concentrate is circa $20K per MT but whether that is pure tine or 60% tin I really don't know. If the latter then 468 MT (equiv) would generate circa $9.3M in revenue.
RNS could do with a bit more by way of numbers.
All good though for the long term
this again .. Tokamak iterations have been around for 30 years .. no sign of working substantively yet and the shear cost of making a big enough plant would not exactly make it free.
Rather better option may be large solar/wind farms in the right places in the world and use converted tankers to transport charged electrolyte to 'us' and return depleted for re-charge... could even use some of the power to power the ships and get rid of very dirty fuel-oil .... be cheaper than fusion will ever bee in my lifetime
I think ATM is a way behind Bushveld ... be another year+ before any serious production occurs and still not sure when profit will turn (lots of investment) ... but all a good long term hold
I think the rush was to clean up Bushvelds books by the close of last year so 2018 is all about Vanadium and no distractions ... ATM's time will come in due course but I feel its 1-2 years away
OF13 .. interesting how the dude has a valuation (current) of 26p but his graph still shows flat revenue, increasing loss and not going into profit on elevated revenue until 2019-2020 .... so a valuation of 3x current based on what exactly ?
RE: Energy storage is needed everywhere19 Dec 2017 14:44
IB ... Sales .. that is what is needed .. some big sales and not tester sites ... does look positive next year if for no other reason that VRB is developing a global head of steam
not making more than spending ... hence making a loss and dont expect to make a profit for nearly 2 years (Cash and Profit are different).... I think you meant Red are taking lots of cash (well .. when the units are delivered and paid for)
AimFP.... ha ha.... I shall promptly stand on the naughty step..... forgot the rule... dont ask obvious questions.
But alas... the aimguru will not be heard through my filter ... hurrah
so after they have borrowed the crap out of everything, called it investment, the savings won't even pay the interest on the loans .... marxist economics 101
Sigh... announcements this time last year (along with the rights issue) rather stated development and roll out of Gen3 .. its semantics I know.
As for 40 operational units ... not sure I see the data for that, but the point I make (and keep making) is not about piddling little unit sales., That will not drive revenue and growth .. its substantial MW deployments. Until that happens, I dont see much SP movement as the SP fully reflects market optimism .. IMO
Leftos ... exactly the same thing was repeated this time last year... The VRB market is happening: only have to look at the significant announcements round the world recently of 100MW+ systems ... so ... if/when a significant order lands this company gets a bright future. Until that time, its all just concept proving and the systems given (has there actually been any sales) are just for that.. concept proving . All this was the news a year ago and yet here we are with gen 3 still not rolled