Mogwhy - interestingly 132 users clicked on your imaged graph - making a total of 264 of investors who have now taken the time to view it. Great work - thank you for letting me use it.
It really does show the lag or shadow between vanadium pricing and SP .
33 Likes too!
https://twitter.com/setcentric3/status/1351755543560544256?s=21
Vanadium prices rise overnight AGAIN
Europe: 2.11%
China: 1.09%
US: 0.72%
Compounded DAILY rises like these are excellent news for producers and explorers.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
Libero - Thank you .
I hope your Telegram group is working well?
Can I ask how many active members you have?
Contrary to the apparent selling this morning they are keen to take 700k shares from me for 19.25
Doesn’t support any other argument than they realise a demand for stock - whether now or imminently :) with the tender bid allocations being announced around 1 February and our financials being updated around the same time.
Vanadium prices rise overnight in China by 0.54%
Looks like only limited data available today. 52 week highs evident in the majority of prices with Russia up 15.93% and US up 11.75%
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
Unfortunately AsianMetals do not publish the prices.
There are numerous websites that publish prices but all seem to capture their data in different ways and with differing time delays. Therefore their data could appear to contradict the increases or decreases shown on AsianMetals - which is why I don’t use them, or should I say don’t publish them together.
The websites were mentioned in detail yesterday if you would like to check for yourself.
Vanadium prices RISE for 9th consecutive day:Europe: 2.15%US: 1.83%Russia: 1.01%China: 0.67%Great news for producers. BMN SP rises have historically lagged behind pricing as illustrated below. Just a matter of time?http://www.asianmetal.com/VanadiumPrice/Vanadium.htmlhttps://twitter.com/setcentric3/status/1351755543560544256?s=21
https://twitter.com/setcentric3/status/1351674341407207430?s=21
Bearing in mind Sanchez’s earlier post about the positive exposure that Twitter provides - I have posted an extremely useful INDEPENDENT report from GreenCape a Not for profit organisation on Utility Scale Renewables in South Africa. A very insightful document for those interested in knowing the current trends in, and the aspirations of South Africa.
Brilliant many thanks.
Mogwhy - do you have any objection to my using your comparison chart on SP v Vanadium price on Twitter please?
Thanks
https://www.vanadiumprice.com/
Awaits updating with latest rises but close enough?
#Vanadium prices RISE for 8th consecutive day:
Europe: 2.2%
China: 1.06%
US: 0.74%
Russia: 1.02%
#BushveldMinerals continue to increase production, drive down costs and increase profits.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
This bit interested me:
“Verdol added that South Africa was also almost uniquely positioned globally to participate in the full battery-storage value chain, that comprised mining and refining, manufacturing and, eventually, recycling”.
In view of Verdol’s comment above I have to ask myself three questions.........
1. Mining - how much Lithium does South Africa mine?
2. In the context of recycling of Lithium from batteries - where is the value chain evidenced when five fold increases exist in the recycling v mined price of Lithium?
3. Eventually recycling..........is that twenty or thirty years down the line - doesn’t sound like Lithium?
Maybe I’ve answered my own questions?
https://tinyurl.com/y46tkgaf
The World Bank reports that Eskom’s large-scale battery energy storage initiative, which will involve the installation of battery energy storage systems (BESS) across up to eight sites, is being treated as a “flagship” initiative by the global development finance institution, which has committed $1-billion to support the deployment of battery technologies globally.
In August, Eskom called for bids for the design and construction of a BESS to be installed at the Skaapvlei substation at Vredendal, in the Western Cape, where the group’s 100 MW Sere wind farm is already located. The system should have a minimum power capacity of 80 MW and an energy capacity of 320 MWh.
The Skaapvlei project forms part of a larger 360 MW or 1 440 MWh BESS programme, conceived in 2017 as a replacement for the 100 MW Kiwano concentrated solar power project, initially approved, but later abandoned, as part of the World Bank’s $3.75-billion 2010 loan to the State-owned utility.
World Bank senior power engineer Frederic Verdol reported on Thursday that the South African deployment was regarded as a “pioneer” programme for the bank, as the Eskom BESS programme had been approved even ahead of its 2018 commitment to support the technology.
Speaking during a webinar facilitated by Nedbank, EE Business Intelligence and the Johannesburg Centre for Software Engineering, Verdol said the programme was being implemented as a demonstration project, with the aim of creating the platform for future private BESS projects in the country.
Battery storage, he argued, was not only a key enabler for higher levels of low-cost wind and solar photovoltaic (PV) penetration, but could also deliver other system benefits, ranging from grid investment deferrals to voltage and frequency control to support grid stability.
These value propositions, together with ongoing cost decreases across various battery technologies, would increase the commercial value proposition, especially in a country such as South Africa that needed solutions that could bolster security of supply in the short term and unlock its world-class wind and solar resources in the medium- to long-term.
Verdol added that South Africa was also almost uniquely positioned globally to participate in the full battery-storage value chain, that comprised mining and refining, manufacturing and, eventually, recycling.
“In fact, South Africa may be the only country in Africa where integration and industrialisation of the entire battery storage value chain is feasible,” he enthused, arguing that the efforts under way to create a more enabling environment for battery-storage industrialisation should be intensified.
Council for Scientific and Industrial Research energy systems research group leader Crescent Mushwana said that South Africa’s future power system, which would be overwhelmingly built around low-cost wind and solar PV, would require both storage and flexibility for stability.
#Vanadium prices rise for 7th consecutive day:
China : 2.25%
US : 1.88%
Europe : 0.74%
Just as well #BMN are increasing production; reducing costs; and maximising profit.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
Happy to take 650K
Bobby - BBN solved it to be fair.
Bushy - please see below for my tweet and response from BBN where he identifies the anticipated announcement date and bidding parties:
https://twitter.com/setcentric3/status/1349602693334102017?s=21
Pattern of sustained DAILY rises in #Vanadium prices emerging:
Europe 1.72%
US 1.14%
China 1.11%
Russia 1.03%
6th consecutive day! Historically the time lag between pricing & SP is ~ 2 weeks.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
Lindon - please see below for my tweet and response from BBN where he identifies the anticipated announcement date and bidding parties:
https://twitter.com/setcentric3/status/1349602693334102017?s=21