Member Info for loudspeaker

Yes it's all in the RNS

I don't know what interim RNS some posters have been reading and interperating.
But this is from the website
https://webcasting.brrmedia.co.uk/broadcast/62fa6825b629a70556525629/632252c08be9e26f5e3bed5f

Good solid RNS for a difficult H1 period.
With payments being delayed for 6 to 8 weeks BMN is going to be generating significant revenues for the rest of the year with the US FeV price averaging $48 per kg

On one is calling BBN names, just pointing out on twitter that he has missed things concerning the development of the electrolyte plant and he has held his hand up to this but still blamed the BOD for not shouting it from the rooftops.
https://twitter.com/BigBiteNow/status/1566717957593600001?t=uS7fnxD_wgKYn8sL8ahtBQ&s=19

https://www.emobility-engineering.com/redox-flow-battery-has-ships-in-sight/

https://www.miningreview.com/battery-metals/vanadium-set-for-disruptive-growth-as-battery-energy-storage-gains-momentum/

https://asia.nikkei.com/Business/Technology/China-and-Japan-duel-over-liquid-batteries-for-green-energy

https://twitter.com/AndreaHotter/status/1560628851553845248?t=Z7oWKonNNO5TyBOanUpRLQ&s=19

I think that the point of Pdub's post was to counter the ridiculous post that BMN have not been agile or fast enough in the energy storage space.
Nobody has done more than BMN to enhance the VRFB market by Investing and putting together VRFB companies, despite being held up by a court case for over 12 months.

People seem to forget or even don't know that Invinity only exist because of BMN.

Extra vanadium demand can only come from primary sources.
You can't have the vanadium tail wagging the steel dog.
All of US vanadium products are sourced from a secondary source.
Would like to see some numbers of the yearly produce and where it is sourced from and at what cost.
We had a mou with UET in America once, they went bust, they're not worth the paper they're written.
IES up 20% today on that RNS is baffling, it's not even jam tomorrow.

https://www.news24.com/fin24/opinion/jp-landman-electricity-green-is-the-new-gold-20220809

Solutions and services
https://www.cellcube.com/industrial-microgrids/

Nice to here from Tanya that 45% of sales so far this year have gone to the US were the year to date FeV price has averaged $58 per kg.

Production cash costs are high at Vanchem due to flogging the old kiln 1 to death before teething troubles commissioning the kiln 3 ramp up, coupled with being hit by load shedding, but production is weighted towards H2.
Vanchem is produces a diversity of vanadium products that have much higher margins.

Great news Pdub, hang on in there, quitters never win, winners never quit

https://twitter.com/BigBiteNow/status/1552620735113449473?t=dj8kLT4ygKIRcY9D3Fuw3Q&s=19

"The vanadium price is based on the FeV mid average price for the period, published by LMB for sales to Europe, CRU Ryan's Note ("CRU RN") for sales to the United States and Asian Metals for sales to Asia. Vametco".

· Year to date average LMB price of US$44.3/kgV, CRU Ryan's Note of US$58.3/kgV and Asian Metals of US$42.1/kgV as at 22 July 2022.
That makes H1 a very profitable 6 months.

Is still being met and our 850 mtv inventory with increasing sales to the US at well over $50 per kg means any production problems are well covered.