Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Being large shareholders in the vfb companies to me makes the issue of very high vanadium pricing irrelevant as the final product will not cost any more. The only difference is it gives us more choice and flexibility.
I am surprised. At this rate our shareholding in invinity will be worth more than bmn itself. And I still think Enerox tender is not the be all and end all. If invinity etc are selling quite a bit, we will gain from all this anyway much more than currently reflected.
My gut feeling is we got a bit shafted by UET which is why Enerox was purchased. Hopefully this will be acceptable to Enerox but the timing is not good. Particularly after the shambles with the filling episode. It may be we have to wait for the next tender round.
There was quite a bit of concern about duferco and dilution.
Fortune seems to have a habit of pulling out rabbits .
No contracts and V price in the dolldrums will keep going sidewise from here.
An uptick in v price will see a big response and Enerox or BE landing a contract is what will really make it go like the falcon heavy.
So low risk but potential upside is large.
https://www.miningmx.com/top-story/42992-sa-govts-renewable-energy-strategy-is-finally-starting-to-get-some-wind-in-its-sails/
It says the VRFB is not operating? Anyone know why?
We still have a share in the Invinity business, which lets us indirectly sell vrfb/vanadium and hopefully soon in Enerox so even without our own contract in SA things are rosy. Seems people always forget this, which is crucial in the EU and USA markets, pies that we now have our hand in that may be meaty ones...