The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Neither fed up nor sold out. As I've said before, I just don't have a lot to say. I firmly believe that BMN are going to be a money-spinner. Hopefully I'll still be here when that comes to pass. In the meantime, I augment my state pension with lorry driving four days a week.
I haven't posted on here much, mainly because I have nothing new to add and also because of a very demanding day job. I remain heavily invested and will add as funds permit. I am slightly underwater, but not a great deal. The SP is horrid and for no discernible reason other than the times in which we live. I still believe that the fundamentals won't be beaten and that we are sitting on a 24-carat nugget here. Best wishes to all (even the trolls).
Don't have much to say, though, nor much time to say it in. Still upright and above room temperature, thankfully. Should have retired at the end of March but am contracted at least until end of December, which is a good thing given the horrid state of my SIPP right now. Good luck to you all except the trolling so-and-sos. Keep sucking it in and blowing it out!
Vanadium battery risks - well, there aren't many. The electrolyte is acidic, like a lead-acid car battery, and about as risky. You wouldn't want to drink it or pour it on exposed skin, for example! Vanadium doubtless has some toxicity but I question whether it is anywhere near as toxic as the lead in a lead-acid battery. The electrolyte can't catch fire as it is predominantly made of water. There is no risk of thermal runaway as the only time the electrolyte (which is actually two different states of the same thing) can be mixed is in the cell when the pump is running. If the cell membrane fails, you might see a temperature rise of the order of 60 C or thereabouts. Stop the pump, stop the reaction and the heating. Stop the flow through the cell and you stop the electricity production, so electrical faults can be easily mitigated. If I had a VRFB, I'd probably want it to have bunded electrolyte tanks and a bunded pump and cell, but I'd stop there. No worse than your domestic heating oil tank in that respect.
Any start-up that doesn't already have a mine and a processing plant is automatically anywhere between three and ten years and hundreds of millions of dollars behind us. There's enough room in the market for everyone, in my opinion.