Member Info for MR.Spacetomato

"Analysts from UK-based Alternative Resource Capital [ARC] and SP Angel expect duty-paid Rotterdam ferro-vanadium prices to stand at around $35-40/kg by 2022, which compares with a midpoint of $32/kg dp Rotterdam as last assessed by Argus on 12 February. Sellers are already pushing prices up toward that band, with offers lately touching $34/kg.
Europe's current price hikes are partly underpinned by tight supply, with a lack of availability from China and major European producers sold out until the end of March. But in the longer term, it is the demand side of the equation that is dominating outlooks and bolstering price expectations".

"Revisiting vanadium flow batteries for ship propulsion. In July 2019, Maritime Executive carried a commentary suggesting possible application of vanadium flow batteries for vessel propulsion. More recently, companies from Germany and the Netherlands have expressed in further developing vanadium flow battery technology for large vehicle propulsion applications".

"Long-duration energy storage set for 'very steep' growth as sector enters commercial phase... about 400MWh of long-duration energy storage had been installed worldwide last year — roughly 3% of the global storage market. “But by 2030, we believe there will be about 30,000MWh installed, which basically represents 40% of the global storage market. So there is a very steep growth curve.”

"Biden signs executive order to review critical supply chains. President Biden has signed a fresh executive order mandating a 100-day review of critical product supply chains in the U.S., focused on semiconductors, key minerals and materials, active pharmaceutical ingredients and advanced batteries like the ones used in electric vehicles."

https://seekingalpha.com/article/4409905-vanadium-miners-news-for-month-of-february-2021

IMHO and DYOR. but I feel bearish on the Vanadium market and on our FAR.

Good luck all holders

ST

Olderandwiser,

300% rise is a relative number. Sure, if there had been no transformational news involved, our case, and the share had climbed that much I would have sold, you can count on that. But, with a NPV of $2 Billion at the current Vo prices, FAR was way way undervalued. All small miners struggled to raise funds in the past decade and FAR was one of them. Things are changing now and we have the mining giants CEOs joining our BOD, so one has to take that into account. I do believe things will move now faster than before. The current price is still low in relation to the end value if you ask me. If Tom, Dick and Harry are trying to buy now at these low prices, what do you think the "Deep pockets" heard will be thinking? Yes, exactly.

"Canadian start-up wants to build gigafactory for vanadium flow batteries in China"!
MARCH 17, 2021

...."The construction of the factory is expected to be started by May. “This project is a massive catalyst for VRB Energy’s global growth and further demonstrates that we are developing the absolute best technologies to support the worldwide green energy revolution,” said the company's CEO", Robert Friedland.

https://www.pv-magazine.com/2021/03/17/canadian-start-up-wants-to-build-gigafactory-for-vanadium-flow-batteries-in-china/

Now, to the other Vanadium miners on this boards...Kazakhstan is nxt to China and FAR has freight rail directly to China! Logistic, logistic and super cheap Vanadium of high quality! Exactly what I was referring in one of my posts yesterday. Bingo!

ST

Sorry, I mean ...ROCKLAWN

ROCKCLAW, let's be a bit more specific to X2 and why they didn't or might not have been successful? Read this from the Financial Times at the time:

"
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https://www.ft.com/content/c022abba-12a0-11e9-a581-4ff78404524e

X2 Resources was quietly wound up in 2016 after Sir Mick was not able to find an acquisition its backers, which included large North American pension funds with strong environmental investment mandates, would accept.

It came close to buying a group of coal mines from Rio only for the deal to fall apart on environmental grounds. Sir Mick also approached BHP with an offer to buy a collection of its non-core mines but the Anglo-Australian company decided to stick with to a plan to spin off the non-core assets into a newly listed company called South32."

So, I guess he has found a more greener investment road now with NextSource and now FAR? :0)

regards

ST

Claw75,

Lithium batteries are not really good for the environment and not being recycled. Although Lithium-ion batteries are recyclable, the process is not easy. This is why not all recycling centers have processes for handling this type of electronic waste. Also, you can't deal with it in the same way as you would deal with other electronic waste.

Good morning Sp28,

Production rates would impact on vanadium prices, but what is interesting is that, even at $2 a kile we can produce and make a profit and set the price against any other vanadium competitor. Many other would not survive with prices at around $5 to $4 a kilo, let alone $2, FAR can! We would put other miners out of business if they wanted when we get to full production, but with some majors building super Vanadium batteries for sollar and wind farms the demand will increase.

Vanadium batteries may be more expensive at the moment against lithium for instance, but as it stands, they have clearly different uses, but the lifespan of lithium batteries are not a fraction of that of VRFB.

I am holding for Vanadium here!

dusterinmong, thanks for the link. I subscribed to it now. Great analysis but like someone posted there he got a couple of things a little off. Otherwise I did like his style and organisation. Definitely made me feel like buying a few more shares before it goes above 50p. Muchas gracias.

Like one the the comments I read on his youtube video said, "if FAR is good enough for Sir Mick Davis and corporate friends, it is certainly good enough for my family's portfolio"!

cheers

ST

Thanks Mr 29 posts. Now you can go back and deramp open orphan. Boiler room numpty.

Moohahah

RetFund1,

Have a google search on "Market Makers share price manipulation", you will be amazed. This little anecdote will make think:

https://www.quora.com/How-do-market-makers-manipulate-stocks

Cheers

st

strictlyinc, my last time was with AVCT. My biggest ever mistake and BPC. FAR will be my Phoenix.

dusterinmong, you have "day-trader" written all over you mate. :0) I am sure you mean this going to 300p in the future, by the way, but your references to possible drops, due to divorce, 25p - 30p, etc is the hint for me. I wonder if it has worked for you this week to compensate for the stress you went through day trading? For many here the shares, it seems, are in sticky hands as we have seen by both lack of shares in the hands of the MMs when we tried to buy more. I lost the count of how many times I had to click the quote and deal buy button to add a few more with both Barclays and AJ Bell!

So, next week? Based on not seeing a Friday sell out to cash in profits (why wait for monday?) I wouldn't be surprised to see either of both scenarios to happen:

1 - MMs will try to free shares by allowing buys to push the price up ( to a certain cap so to feel the BIG orders ) or
2 - MMs will drop the price ( manufacture a drop but not allowing anyone to buy at those prices ) to create panic to some who then will sell, regretting they didn't on Friday, to, in the end, allow the price to resume its ascent. I would suggest, if you don't believe it, to try and do a quote and deal for 20,000 buy at that time to prove my theory. I would if I had any cash available, but I have only £1.2K in the reserves at the moment and that may not be enough to try it.

Anyway, good luck with your day trade. I decided not to do it since last year as most times I ended up with less shares than I originally had at the beginning, as I am sure you may also be familiar with. "A study found that traders who lose money account for anywhere between 72–80% of all day trades being made. It's just not worth the risk IMHO.

Cheers.

st

https://www.youtube.com/watch?v=J9K6RYZhcX0

A pleasure, MIKODX.

Sp28, superb summary. I would add a couple of points to the attraction of FAR to the eyes of mega investors as Sir Mick. After perused some other vanadium mining forums, both here on LSE and ADVFN, I see a lot of resentment why Sir Davis picked FAR instead of their "best" mining projects, ie Bushveld, and how their Vanadium is better than ours etc..

First, I guess you would have to ask Sir Davis that question first or read what he already said in our RNS and paper around.

But I would like to ask this, ok, Vanadium aside, who do we all believe in the whole world will be the biggest and cheapest battery manufacturer in the world? No one can beat CHINA!

Have you guys looked at the IRON SILK RAIL road? Which country it crosses through? Kazakhstan! How far is the nearest rail from our mine? It is in Shieli, just 70 km from us...lest than an 50 min drive by lorry.

For me that is the dream logistic place. Freight trains linking our mine to China and all European exports by rail to China and vise versa.

So, That's the logistic and economic argument to chose FAR!

Cheers.

Thank you Dusterinmong. However, I would suggest you watch the interview a few times as there is nowhere there that substantiates your claimed timetable.

What Nick B says is that the whole deal is done in three stages (stages 1 and 2 within 3 to 4 months). Stage 3 will be done 2 months after the feasibility study is provided. So, if they provide the feasibility study within the next 2 to 3 months, stage 3 will be very soon. So, the feasibility could be disclosed anytime soon as well.

Happy to be corrected by anyone on this board. :0)

Regards

ST

Dust, I saw the same video, but nothing there. Gives and link and timing please? Thanks in advance.

"BFS not for 6 months". Where did you find that info, please? It takes 9 months to do the DFS according to Nick B told on an interview. They started it early last year but had to stop at the end of the process due to covid restrictions. As I took from the CEO's interview everything has resumed and the tech people can can enter the country and the assays are being sent for analysis. Had the understanding we are looking at 3 months tops, but am happy to be proven otherwise if you can show me your facts. Thanks in advance.

Anyway, we have plenty of other news arriving and demand for the stock.

https://www.londonstockexchange.com/stock/FAR/ferro-alloy-resources-limited/company-page

Just if the need for factual info is required. It is listen in the MAIN MARKET

Dust, it is coincidental the same Sir Mick has invested in NextSource and has become chairman as well.