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Doesn't mention storage in the RNS but this is what we hoped would be starting to happen.
I wonder if we have any connections with Total Eren and Chariot.
https://www.investegate.co.uk/tharisa-plc--ths-/rns/tharisa-signs-mou-for-40-mwp-solar-pv-project/202202040700026569A/
Someone still playing with this.
Just seen 30 trades come through all at exactly the same time.
Thought we might have seen the bottom here but apparently not.
No background info about this market seems to cut through.
I think we're dealing with someone who wants this cheap and just haven't shown their hand yet.
Large numbers of these are going to be needed and at some point the knee jerk battery = lithium will become a bit more refined. What we don’t want in the event of a serious fire is people just concluding that batteries per se are the problem.
General for anyone who follows BMN but the opportunities leap out. No mention of batteries though.
https://www.bbc.co.uk/news/business-58971281https://www.bbc.co.uk/news/business-58971281
'Funds raised will be used to grow the market share of the current VS3 product, develop the Company's grid-scale product in conjunction with Gamesa Electric, a wholly owned subsidiary of Siemens Gamesa Renewable Energy, and maintain the current corporate growth trajectory'
Sounds good for BMN..
That's actually only 16 months away and other electrolyte producers are still going to need vanadium for their products. Higher output at higher prices should take this above our current sp.
There's still a very solid story to tell in the run up to our own electrolyte production. I just don't follow why we aren't continually telling it.
Ok, so how do we feel a week on from the Duferco settlement?
That theory they were connected to the drift down which would stop once they received an enhanced number of shares isn't looking so good now.
The walkdown behaviour is continuing possibly aided and abetted somehow by all the pi55y little trades which seem to make up a significant proportion of activity here.
The counter buys of a few weeks ago seem to have dried up.
The glacial pace of South African decision making isn't helping. Indeed, I suspect some glaciers are actually moving faster now - that being today's problem.
The general (non company issued) news is still good and improving - vanadium price, $/rand, production, VRFB news, electrolyte plant etc.
We really could do with something from the company to make the market sit up and take notice.