RE: Lower prices19 Sep 2019 09:16
The market sees pricing for vanadium in the most embarrassingly unsophisticated manner currently. The actual story of the price spike to current levels is one that could hardly have been scripted more perfectly to set up Bushveld. First the rapid cash accumulation came from the very high pricing, now we see an environment perfect for the success of VRFB just when Mikhail needs it, against a backdrop of realisation of the importance of long duration storage. In reality Fortune probably couldn't have planned it better.
If I have any frustration at present, it is not with Bushveld, although I feel Comms needs some real work outside of RNS' (many know my views here), it's with the inability of the market to actually grasp what is taking place here and how it is being achieved. It is becoming borderline ridiculous to see the lack of value being ascribed to the beautiful manner in which the company strategy is playing out.