Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think your summary is misleading....after all the VRFB contribution in the Oxford Superhub is part of an experiment that has to yet to be evaluated. It is covering new territory...you think planners are going to all sign up at this stage?
From Habitat, one of the key players in the Oxford Superhub:
"The second element of the project, the vanadium redox flow battery, supplied by UK energy storage experts Invinity Energy Systems, will come online later this year. Once operational, the University of Oxford will evaluate the performance of the hybrid battery against a digital twin. This will provide a validated performance model of large-scale storage systems which can be used to more accurately predict project returns and accelerate energy storage investment globally."
There is so much jumping of the gun by investors - things won't 'come good' overnight just because you are onboard and insist on a financial return over what you deem to be a satisfactory period!
PS can you please quote your source that confirms that future Superhubs are all to be '100% lithium'?
Oh dear cindercone..that is just so unnecessary!
How dare you insult this man who is enthused enough to give a detailed take on where BMN is at?
Perhaps you should practice getting out of bed and repeating something like:
"Rather than exude my cutomary cynisism today I will keep my mouth shut unless I am able to bring something of value to the table'.
Anyone who follows VRFB news can see that there is so much more happening these days!
I am in early in the story...and happy to hold until BMN becomes a noted player.
Often incorrectly poorly assessed as attempting to provide an 'alternative' to Lithium et al...no need for that huge jump.
VRFB as a complimentary battery technology, working alongside other solutions, exploiting the advantages that it undoubtedly has....this alone will be huge. Exponential, if you like.
I'm surprised Tesla isn't getting trounced because of this. Hardly a blip on the share price.
Check out those stats: 3 hours with 2 fire crews...these fires potentially taking upwards of 25,000 gallons of water to fully extinguish (compared to 300 gallons for non-battery cars). Plus fire crews have to hang around in case there is no fire ressurgance. I don't know what's worse, the fire or the apparent non-working of the car door...
This has a lot of good info:
https://www.nbcnews.com/business/autos/federal-regulators-warn-risks-firefighters-electrical-vehicle-fires-n1271084
I can't remember anyone actually laying out actual costs of VRFB, including the Vanadium component, apart from a vague 'Vanadium is 30% of the cost' in an article I saw from a few years ago...which is not useful anyway.
One is in danger of creating false arguments without having a notion of costing, preferably holistic, using parameters that can be usefully applied to competing systems.
And also,what about the backbone of all of this? The global move to 'decarbonisation' and renewable energy etc.....what value does recyclability have therefore? I'm guessing it has value...and that value will be given greater prominence as we progress in this particular revolution. So...it's not just 'Vanadium might cost more so we shall use a different system', but rather something like 'is the recyclability of Vanadium going to tick some valuable eco boxes, and is the electrolyte leasing model going to suit our financing for a particular project'.
It's important that the VRFB technology is seen to be viable, and the more there is 'out there' the better for the future of BMN.
I don't know if this has been noted, but the flow-battery part for rail is interesting:
https://www.railwayage.com/mechanical/locomotives/battery-electric-tender-for-modern-railway-propulsion/
I think the leasing model ('electrolyte as a serviice') is a master stroke for BMN, but not just because of the Vanadium price uncertainty. Having read this and that, capital expenditure (and interest on borrowing) is a biggee in terms of not only installing new renewables installations, but also refurbishing/modernising pre-existing ones. And surely this relatively new model will start to look ever more attractive as costs of competing systems are weighed-up.
I've got a number of investments in the general area of renewable energy, and all of them have been basically drifting down recently! I think there just isn't the appetite right now. You have to trust you instincts: the fundamentals for BMN are brilliant...so hold on.
(Exception is Leclanche...can't believe that finally picked up today after drifting down for 6 months!)
It's so good to see more reporting of this:
'...a flow battery system is rented to the end user, lowering the upfront capital cost'
since it was infuriatingly missing from seemingly all cost comparison articles up to now....
Good times!
Jelly - 'The share price tells the story'?
Really?
How can the notion of 'buy low sell high' be at all considered if you hold up the initial sentence?
You'd never, ever, 'get involved' in any investment....would you?
The share price is low now for God knows what specific reasons, but sentiment is probably amongst them.
Look at renewables...people would love to get into the sector but they fear it, because some funds had rocketed on the back of the euphoria, so apparently they were in bubble territory. However, these scaredy-cats are not seeing what's going on in the world, which seems to be a kind of new industrial revolution. This isn't about 'oh dear, that seems to have gone pretty high, I should sell'...this is far bigger. But none of us know how long it will take to roll-out. So holders keep whinging about 'when's my return coming in'....
Just read the info....it's not static, it's growing, and un-thought-of developments are jumping in too, making everything even rosier. As the folk in charge actually start makng progressive decisions, that will be yet another accelerant.
And still you carp on about 'The share price tells the story'?
Just leave it alone...it isn't for you!
On one of those videos posted here recently, one mining pundit said something like 'you guys are in very early in an area with tremendous growth potential' in relation to vanadium and emerging use in energy. I think he's exactly right. Some folk are expecting some jam today....but I for one will not let their carping get in the way of what, for me anyway, is an early-stage investment. Letting go before anything like a 'full valuation' is just not a consideration! The share-price shennanighans meanwhile are of no consequence. All that matters is value and potential. The price has not been looking at those recently. The only reason I won't buy more is because foolishness I left back in the late 1990s......I'm not letting BMN be more than whatever % of my portfolio. Others will have a different %, but that's their business.
Why do you waste your brain thinking things like 'pros on here' (there are none), and '...were saying'...do you REALLY take note of so and so saying 'this will be £2 next year' or whatever? That's beyond shallow.....never mind your ridiculousness re 'selling down' or whatnot.
Sad man (or person)
Nice story....picking-up in niche and hybrid areas that other technogies can not cope so well with seems like the natural trajectory for VRFBs. The reporting to date has been dogged by glib monetary/bulkiness comparisons with lithium-ion, which of course has its own strengths for certain applications.
On the other hand, we are looking at a threefold dampening effect on the share price
- share overhang
- company still not quite on the radar
- nervous investors using the above as value-judgement tools rather than believing their own research which clearly shows under-valuation.
Personally, like many, if I had more cash available, a good deal would go into Bushveld.
This ain't no 'falling knife' situation...nothing of the sort.
So what if a few investors take profits on a climb? That's part of an orderly market!
Not really.
The fact VRFB has a toe-hold at all here is positive. After all, we all know that Lithium Ion is dominant, and there is no expectancy for VRFB to surpass it. The visibility of the flow battery story has been continuing to grow, so we are talking about future installations, not merely those that have been at least in the full application stage.
Check the filtering process in this article....
Also, note that if this hybrid model (Oxford, I guess) proves a success there is a very good chance of a pretty huge roll-out elsewhere in the UK.
The other day I looked up Philip Clegg, who is a portfolio manager at Orion. There are a lot of mining forums on youtube where he is on the panel, and apart from sounding very articulate, he seems to highlight the importance of thorough due dilligence as well as ESG in the prospects that Orion take on. This does not sound like a 'hit and run' operation...but then, you never know what's going on.
Having been investing (in the markets) for a long time, it seems to me that folk throw rationale out of the window, frequently.
In this case, they want it 'on a plate'...that is, with all the ducks suitably in a row. And at the very same time, they want no-one else to know, so they can buy low!
That is surely laughable? Yet it seems that is what a lot of people who comment here seem to expect.
Come on now...so investors have to wait beyond their comfort zone...so what? They don't have a right to proft 'now' just because they wish it.
You have to be in it to win it, says our friend, and others....otherwise, there are a zillion companies out there with fantastic figures and good news flow that are priced accordingly. Invest in them!
BMN is undervalued if one has the opinion that it has a great potential.
So yes...jam tomorrow. And not that supermarket shyte either....
I agree, having revised what has been said by the company, and looked at developments, say the imminent news re the Oxford Superhub (VERL is providing electrolyte for that VRF battery is it not?) and the real possibility of further spin-offs there, but more the enormous potential of min-grid roll-out in developing countries.
https://www.sciencedirect.com/science/article/pii/S1364032121003269