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The cost per kilo of production they report, does this absorb the business costs to this figure or is it just cost of sales? Looking at the Q3 report and i cant seem to find it -apologies if its obvious.
I find it weird that both on google and on media outlets when searching for PFC news you are hit with the "capital raise potentially sort after from a $209M fine at Petrofac" without sounding conspiratorial especially as the story came out sunday night almost like some of the big hedgies shorting could of leaned on this to close out cheaper... found the $95M article but it still took some searching...
I think in large part as someone mentioned to me on this board last week, energy uncertainty in China and weakening of Vanadium pricing is putting downward pressure on the shares. I was slightly worried but see it more as a buying opportunity at these prices, long term vanadium is still the play in my eyes
Thank you both, that sounds like hitting the nail to me. encouragingly short term then, Evergrande though could cause some serious knock on effects a company that size. Hopefully they navigate out of this situation.
Results are fine, and nothing to worry about in my eyes apart from the strengthening of rand moving cost up circa 7.7m vanaduim margins should negate that anyway. Vanaduim pricing has been cooling abit over the last month, does anyone of any information or rationale for this.. i know the likes of iron ore ect have been decreasing too.
The results are solid and a bit disappointing the SP isn't reflecting them. maybe there is still too much uncertainty around the share with Williamson AFS, still loss making excluding refinancing of bond and the fact the share offers no yield currently with none in sight. Large parts of the market are undervalued so I don't think it is likely to draw investors until some of those hurdles are overcome. Looking that way for 2022 though! I had written this off so the fact im looking at the possibility of turning a profit, i am more than happy to wait.
You could be right Happy, I have seen plenty of high quality assets being sold off at distressed price levels and current shareholders sold down the river. The product is what enticed me originally and I am currently in the green so it would be nice to think there was a buyers buffer, hoping for them to clear this without anything like a sale though. Any ideas on the jump this AM?
Yes the results are positive both on the 2nd gen delivery and some tangible sales leads but, and its a very big but, as snip mentions if the next 6months does not materialize decent sales revenue growth the company could very well liquidate. I have only 1k in here which im very well prepared to lose this due to the significant upside potential should this hurdle be overcome, we aren't out of the water yet though unfortunately
You raise good points Snip and Roger. it is mostly a speculative buy and i didn't put much in this at all, as you have pointed out we know very little on company fundamentals. The technology is very good as its on the graphene and they expect above 25% efficiency which normal high end Silicon Panels are (the ones in the resi scaleable markets) theres higher but these use advanced materials which are very expensive and the cost per watt makes them a bad option for conventional use. Apart from these Graphene panels being lighter and use more diverse they are much easier to install and usual panels up to 40% of the cost is installation. The only issue is they haven't really given numbers on this and production costs of the graphene, so again speculative and I would not being putting large amounts of cash in this anytime soon. I am not an expert and this is solely what I have researched on my own so am happy to be told im wrong, as I very well could be.
Was reading this article below.
https://www.vanadiumprice.com/soaring-china-rebar-strengthens-turkish-export-position/
Looks like chinese rebar bottomed out around the time Chinese vanaduim prices stagnated and Europe retraced slighty. Apparent Rebar pricing has strengthened dramatically again in China and this is supporting other exporters so hopefully another rise in Vanadium again. Thought i should of topped up and not bought something else... oops :)
Was reading this article below.
https://www.vanadiumprice.com/soaring-china-rebar-strengthens-turkish-export-position/
Looks like chinese rebar bottomed out around the time Chinese vanaduim prices stagnated and Europe retraced slighty. Apparent Rebar pricing has strengthened dramatically again in China and this is supporting other exporters so hopefully another rise in Vanadium again. Thought i should of topped up and not bought something else... oops :)
I took a chunk having done my research on the technology. Looks really promising, one of the big issues about conventional solar is the cost per watt to produce power driven by huge installation and product costs. Hopefully this drives down both with less material usage, logistical costs and easy & fast installation. with more ways to use this Technology.
I cannot find the solar to electricity conversion efficiency though which would be very helpful to mark against their competitions standard panels. Well aware of the risks on this one but if they effectively bring this to market the upside is huge!
unforeseen*
Thanks for the V prices, was hoping for supply war with china and Europe but looks like I was too optimistic. As long as prices remain over $31/kg im happy, all foreseen events should be well absorbed post that price. Maybe the stagnating in Europe is driven by this Delta variant? hoping its a short term impact like forecasted in the UK.
I feel they missed an opportunity here to highlight the current vanadium price compared to cost of sales/KG. clearly its significant margins on this, yet they sort of dodge around this. There are some good things in the RNS though, good renegotiated debt covenants, decrease in capital cost, and good liquidity facilities.
strange that Europe and Americas decreased while china increased, just means more supply will turn to china just like what bushveld is doing so eventually they will have to meet that price right?
I know the initial article is for a lithium-ion battery facility coming on line but mentions about VRFB's being longer life and more scalable, plus mention of infinity energy system project coming online this year as well. Will leave the link below if anyone is interested.
https://www.vanadiumprice.com/uks-first-grid-scale-battery-storage-system-comes-online-in-oxford/
Well played! wasn't aware of the share of sales also which is both helpful and interesting, thanks for sharing
cant ignore this challenge on market leading Fev price between China and Europe. Looks like China take the crown today.... Exciting stuff
Thank you, I apologise for missing that response.