Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
The point being that they Orion could have put the squeeze on now, taken control of the company and put it up for sale. They didn't. They effectively bought in and provided debt financing based of the projections they were shown. This is a huge show of faith after the past 3 years and bodes very well for the future.
What if Rongke or another powerhouse win a big contract or two in Africa and want to or have to use some local materials. It may not be all about Cellcube and Invinity. There's the new Eskom BESS projects, smallest 77MW up to 8 hours. Spec left open for VRFB.
Marc001, yep, an easy fix is to let the price go. Buyers will still buy and sellers will sell more if offered better prices. Who benefits from strangling trading by holding down the price? Big buyer, MMs stocking up???