Member Info for Sanchez599

As frustrating as recent SP moves and MM activities have been, it could all end up working in our favour as it is looking very much like we are going to have the protracted selling end in tandem with a newly rising vanadium price, increased production, Q4 results, the JSE listing and dividend announcement all during a relatively short space of time. The spring has been coiling underneath the weight of all these buys and the rebound will perhaps be stronger and go further than it may have done previously with the above to push us along. We have seen it before with Erongo and FI. There's no reason to think this time will be any different.

The pressure is building.

I've seen Gremlins. Mogwhy is nothing to worry about unless we feed him after midnight.

He's toothless. Imagine someone who in reality wrote the jokes you found in Christmas crackers but actually told you that each one was a scientific article. That's Chartist.

That isn't TA that you are posting, you do know that right?

Paid

Bless those trolls. They are just a fragile and persecuted minority trying to help after all.

Sorry 4! But still...

It's been 5 months since Sojitx was announced, I think we have been patient!

It really isn't that simple unfortunately.

Last update October 17th. We could reasonably expect the Q4 update this week. Thursday would be the 17th again.

Lots to look forward to with the finalisation and signoff of the BFS, progression of offtake discussions and project financing looming.

Q3 Highlights:

· Social and Environmental Impact Assessment ("SEIA") fieldwork ongoing, with more than 50 per cent of the community engagement completed.

· SEIA Terms of Reference submitted to Madagascar's Ministry of Environment.

· Connection and Transmission Agreements signed with state utility, Jiro sy Rano Malagasy ("JIRAMA") in Q3 2018.

· Joint review and finalisation of Bankable Feasibility Study ("BFS") submitted by technical development partner, Sinohydro, in June 2018 still ongoing.

· Coal mine BFS initiated with completion expected in Q4 2018.

· Received expression of interest ("EOI") for baseload power offtake from global mining company in the Imaloto supply catchment area.

· Ongoing engagement with lenders for construction phase of the Imaloto Power Project. Notably, received offer for project preparation finance from regional development finance institution, subject to due-diligence.

· Financial model development completed, subject to finalization of BFS.

· Overall, the Imaloto project is on track to deliver electricity to south western Madagascar by 2021.

It may not be our most popular asset however Lemur is a materially significant project that is yet to be accounted for in our share price and it's about to get a lot more real.

And remember that V prices are still up well over 500% in 3 years when we are talking about any dip.

Not group thought. Facts to make investment decisions by.

Remember much of the recent publicity on pricing has focused on the Chinese Vanadium price as they are the biggest player in the industry. In the US the vanadium price has stayed much higher and is rising again so in reality we have been much less affected by the publicised drop... A drop that was to a higher low than ever before.

And with every VRFB project commissioned that deficit is just growing and growing.

Falling back on the old free speech / group thought line. How novel. Well that's worth paying literally no attention to whatsoever. They might as well have a neon sign saying they are short....

A very small and insignificant short that is not worth worrying about.

In the grand scheme of things, they are a mild irritation and nothing else.

More importantly the vanadium price is rising again and we are going to be setting production records this year whilst it is.

GLA. It's about to start getting interesting again round here.

https://vrbenergy.com/vrb-energy-commissions-3mw-12mwh-vanadium-redox-battery-energy-storage-system-vrb-ess-2/

Such epic news for VRFB. As for trolls, just watch the growth of VRFB and rising demand for vanadium this year destroy them and their petulant posts.

Have a great weekend all. Eyes on the ever-growing prize.

The painstakingly gradual ascent continues.

Seems appropriate...

https://youtu.be/z_BEJmY911s

17 posts, it really is like Erongo all over again.

Pdub - 'Erongo 3 - Return to First Island' ?

The clever buyers out there will make moves before Chinese New Year, hence the fact the drops have slowed and there have been numerous articles pointing to increasing activity.

Hi PB, the incumbent was voted out before the field was reduced to two for the final run off. However, the eventual winner Andry Rajoelina campaigned on a platform that included an aspiration to increase accessibility to electricity across the island. This fits perfectly with Lemur's purpose so should bode very well for the project.