Member Info for Hazbeen

Oop here is the link

https://youtu.be/V25WxW_9JKE

This discusses the positive and negatives of the project , nick B CEO (lol), VRFBs and vanadium prices
Puts some points discussed here into perspective

Put it this way Now Chairman has got done a great deal for themselves but was because Nick B was completely clueless and out of his depth
It may sell he will be gone next year if Some more big guns come on board

Mr S

It seems the quick buck as already been made here for now
It was at 40p
Anyone who did not sell or at least slice their investment have a bad investment strategy
General rule for big risers in short term

Everyone to their own , goal is to make a profit

Tbtt

That is spot on , well said

This is why for VRFB batteries need a low vanadium price .
But the money is in stainless that can demand higher prices if demand outweighs supply
There are substitutes for both SS and VRFB if vanadium becomes too expensive

2v1

Looking good now

Very very tight spread now on certain market sizes

Thankyou Duster

Duster , I cannot , that is why I am asking the question .

Not a deramp, ppl get very defensive

It is just a simple question

We’re we not told upto $5m needed to upgrade power line , install furnace and BFS
$2m already raised via bonds debt and now $3.1m to complete this
That is $5.1m
So what is the other $9.5m for ?

Auto typo.

* not solitary but dilution part

Agree a lot of positives , but the main one is securing the solitary part of financing in advance The debt portion will raised post BFS .Construction to start mid 2022 all being well with the other news flows

Size of asset. NPV , IRR, payback , LOM, cost etc will be confirmed in the BFS
This is why it is so important to unlock value here
It is a major derisking of the project

Clarify battery metal
I assume you mean VRFB batteries .used for storage
Vehicle batteries are dominated by nickel and lithium

I think you language is rather over optimistic here
will’ ... ‘could’ is more appropriate, nothing is guaranteed
BFS - I read it completion before end of the year . This will
Require more drilling - it will be an upgraded study to the original. BFS
Requiring more money and time .
There is reason the Co has raised $12.6 m at 9p and not the just $3.1m originally stated .
That is an extra $9m .. for what ?

OW

Exactly . Well remembered
And yes I was talking about VRB batteries . Vanadium needs to between $7-10 otherwise manufacturers will not use it

Welcome back LL,
A turn up for the books here. It may have saved the Co.
All comes down to the BFS now to de-risk the project .
I agree with you about LIthium and Nickel btw. These are two big commodities going forward.
Vanadium may come up next but not for another 2-3 years i expect.
It is only viable in flow batteries between $7-10, otherwise it becomes to expensive as a constituent

This deal with Vision Blue has been agreed exactly when Nick B's lock-in expires
It really is amazing timing isn't it, you could not make it up
As ppl say this sell was coming.

The fear was it would happen at 10p, requiring a bigger slice of his holding to be sold, which would need be a huge expectation of finding a buyer.
Will he get 30p? ..well I wouldn't pay that if I was an institution now, particularly as it has just been diluted at 9p by 120m shares.
But if an institition wants in bad enough , he will get it

D220

yes yes!

diryan,
I think that 2 million has already been bought up by my numbers.
I ticked up on the bid yesterday near the end of the day