The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Market value vs NPV
https://insights.csaglobal.com/market-value-doesnt-match-npv/
Think it's not possible? Think again...
https://www.istockphoto.com/photo/electric-car-toy-car-with-a-battery-on-the-roof-gm484056026-71399195
V price continues to rise.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
Very positive movement in vanadium prices.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
Feeling a bit jaded myself, Sanchez.
I got the feeling from the debate about iron ore the other day that the potential is enormous (I mean really enormous) so why not? In fact, when you think about it, it almost seems inevitable that BMN will capitalise on this resource, and now is absolutely the right time to do so.
Thanks Daisydog. That adds to the picture. It's hard to imagine BMN giving up rights to supply electrolyte by selling down their IES holding without believing that they wouldn't be the supplier in any vent, agreement or no - or that the world would absorb all of BMN's electrolyte output anyway.
Thanks BenAlder. Much appreciated.
Do you know (or does anyone else) what other sources of electrolyte there are (I suppose that means who's making it now) and does anyone else have both a vanadium mine and an electrolyte plant?
Right. The penny has dropped. There's a big pile of iron ore (worth?) because we've mined it to extract the Vanadium, and consequently there's a whole lot more still in the ground. Understood.
And consequently if we had the facilities we could process the iron ore into pig iron and sell that, or theoretically just sell the ore. Is it financially feasible for someone to buy and transport unprocessed iron ore? Presumably if it ever is then now is the time as iron ore is commanding a high price.
Getting there. Thanks again to you all.
Thanks everyone for the information. Very much appreciated.
I'll come clean, because I had assumed that by "stockpile" we literally had a mountain of iron ore round the back somewhere which had already been dug up. The reality seems to be that it's still in the ground.
Honestly, I actually can tie my own shoelaces but I seem to have hold of the wrong end of the stick here.
I think someone asked about the iron ore recently but I didn't catch any answers. Forgive my lazy approach but how big is our stockpile, how much is it worth and why haven't we flogged it?