Assuming that VRFBs capture only 20% of this market that is 32 GWh per year. Since Each GWh requires 5,000 tonnes of Vanadium that is a demand of 160,000 tonnes of Vanadium per year - i.e. double what the world currently produces.
So, we have a two year exclusivity agreement on the supply of all V products. I wonder if this applies to existing projects........I’m guessing it might as clients will in all likelihood wish to use our lease product. Notwithstanding, I wonder what the real and projected requirement for OUR vanadium products will be and the cash value of this? We have bought a guaranteed forward income stream and equity in a merged VRFB business for loose change. They need us as much as we need them, perhaps more.
Exchange controls still exist in RSA and may dictate the currency in which local corporate entities borrow. We earn USD but we have considerable local expenditure to address. Hopefully, before long we will have Rand revenue also, which I sincerely hope will be substantial, all of which will no doubt drive the share price down further.
However, the Fool lives up to its name and completely misses Bushveld Energy, where the real potential to “double” your money is. Kind of diminishes the value of the article by a factor of 10. RK, if you still have the author’s contacts, might want to enlighten him.......
But still 9.5M shy of the required 17M as suggested earlier, as at 23rd Where can the fund’s asset allocation statement be found confirming this weighting? Still I guess buying pressure such as this still won’t move the SP
RE: Anyone think we have not had the last RNS23 Oct 2019 15:37
I wonder who else has the capability to manufacture electrolyte and what the current demand is. I would surmise that when we are indeed manufacturing the same, ours will be amongst the lowest cost of production globally. With East London and now Vanchem, presumably we will be able to ramp up production to meet increased demand quicker than most.
RE: Anyone think we have not had the last RNS23 Oct 2019 15:01
I believe news will follow in short order after Vanchem completes. The news I’d like to hear is what BE have up to behind the scenes. We have had a few hints that they’ve not been idle but some flesh on the bones would be good. Together with that, I want to know exactly when we will dual list and the various implications there in.
Partnerships with battery tech companies Early BE mandates outside of Eskom Brits license etc are all milestones which I feel we will here more of as soon as the dust settles