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Switched it off as soon as the Wally said Vanadium was a rare and expensive metal.
I wonder how much R&D funding he's after?

Sammy, it's computer generated Bot garbage.

A billion dollar question uncle John, we were 23p pre covid and have expanded since then coming through it relatively unscathed and are ramping up production into ever increasing vanadium prices and have a first mover advantage in the VRFB energy storage market.
The market might catch on soon, who knows?

Iron ore prices are going ballistic now touching $160 per tonne.
I wonder if BMN have any plans for that billion tons that we have had lying around for years now?

2.86% FeV rise in China.
https://www.argusmedia.com/metals-platform/price/assessment/ferro-vanadium-80-v-fob-china-PA00144230000

They were a big holder in REDt.

Admitting that you can't see the woods for the trees when looking at charts and emailing others for help to try and gain and an insight into the technical's.
Ring a bell CC.

A lot of people get excited at the sight of a box

Top marks to the Largo PR dept for their fanfare announcement, theyre 20%+ up atm and flying.
Many years ago at school folks like that were called copykats and their desks moved further away.

88

https://tradingeconomics.com/country-list/corruption-rank

https://gemstonedetective.com/2020/10/08/welsh-gold/

Personal I would be disappointed with just 20p.
We were 23p pre covid, and have come through that relatively unscathed, secured the finance needed to significantly ramp up production to meet the growing demand from the VRFB market and Vanadium prices increasing are making us a highly profitable company again.
There is also the anticipation of Eskom contracts being awarded.

Energy storage is the next multi billion dollar industry ( the figures are out there although they increase every month).
VRFBs are looking at (and Imo a very conservative estimate), to capture just 10 to 15% of this global market.
The main reason I think this is because Vanadium is 100% recyclable after use in VRFB's

Whoever controls the Vanadium supply will also control the VRFB market.
A bit like the great American gold rush, the people who made all the money were the ones supplying the picks and shovels.

Remember V205 56 % Vanadium by mass

For those not up to speed.
Flow storage company Redt which BMN financed with a loan of $5m cash to merge with Avalon is now IES.

24 Jul 2019 — About 9.89 tonnes of V2O5 is used per MWh of storage. See the 'suburb-sized' Dalian battery ? It would use almost 8000 tonnes of V2O5 for a 800MWh installation.

https://www.vanadiumcorp.com/news/industry/are-lower-vanadium-prices-triggering-a-wave-of-giant-new-vrfb-developments/

I see a lot of PI's are investing heavily in VRFB companies IES is attracting a lot of attention atm.
BMN own 8% of IES and have the first right to supply the electrolyte, Enerox is also underneath the BMN umbrella. There is also an innovative rental package to reduce initial costs.
1 Mwh = approx 5 mtv.
The 800 Mwh Dalian battery in China is due to be commissioned this year.
Where is all this additional Vanadium going to come from.
BMN have just secured a $65m finance package from Orion to significantly ramp up production.

The biggest mistake PI's make when doing a peer comparison with Largo is comparing tonnage output.
Largo publish tonnage of V2O5 which contains only 56% Vanadium by mass
BMN publish their output in actual MTV.