住友商事株式会社 - Sumitomo Shoji Kabushiki Geisha, page-12

@Propunter2 @abandon1

Great posts gentlemen.

If I may add some thoughts?

Tivan+

I am quietly confident that the companies interested in this are St Elmo and Richmond Vanadium to finish off the QLD Govt CopperString and Vanadium hub projects. These two, along with Vecco are the Australian 'pioneers' in Vanadium, and will probably be providing all the Vanadium that's ever needed in this current market space.
Which leads nicely to...

Vanadium

Vanadium is under $5lb again. It's not witchcraft or voodoo - it's economics. There is no 'magic hidden demand' for Vanadium. Supply equals demand. It's as simple as that. There is no demand!
The VFB story is a fantasy.
VFB's work in very large scale operations only. In giant-size battery units - brilliant.
Smaller units - not so good.
The positive for it - re-useable electrolyte - is actually a negative. Once the electrolyte is purchased, there is no need for more.
It truly is a one-and-done sale.
The major issue is always ignored by Vanadium disciples - the pumps.
In large scale plants you can remove a couple of batteries for routine maintenance - which includes pump replacement - and keep the whole unit running without a break in storage.
In smaller units - the whole battery is offline. Pumps break down frequently. It's the achilies heel of VFB's.
They are hard to install, and are prone to mechanical issues.

Ask our mates at AVL. In 3 trials these are the results.

WA Water: Could not get the battery to work. WA Water excluded batteries going forward in all plans
IGO: 3 years later - The battery still doesn't work.
Horizon Power - March 2024 Kununurra trial - Battery still in Perth as unable to commission it.

All info direct from trialees

Vanadium has 3 buyers - Military Construction, Non-Military Construction and Batteries.

In the Govt critical Minerals White Paper released this year - Vanadium usage for batteries is tipped to double by 2050 - let that sink in.

Double its paltry 2% (one time only) usage in TWENTY-SIX years. The growth isn't there - and the Govt see it. I'd be amazed if grants of any significance are used in Vanadium mines outside QLD (state govt).
That's not a sound business plan.
Military usage is booming (Ukraine and mainly China - one major Warship a month) - and will remain so for decades.

Normal construction is in the toilet.

It would be folly to even consider Vanadium until non-military construction recovers.

Park the Vanadium project development for at least 5 yrs until there is sustained construction market growth.

And please - forget VFB's as being relevant to Vanadium usage now, and in the future.

VFB's have been around for 50 years and not taken up mass usage for a reason. They don't work unless on a giant scale.

Remember folks - economics don't lie - Vanadium is $5 per lb for a reason - nobody wants any.

Lead

Yes please - second in line. Found 5 kms from an existing railway line so opens up options a-plenty.

Australias biggest is Cannington Mine.

https://en.wikipedia.org/wiki/Cannington_Mine

Part of the S32 group - Cannington is a 5% Lead discovery - and produces significant profits.

Tivan has found Lead at 12%.

The grants for exploration are great and a plan to mine here should be front and centre behind.....

CAF2

The moneyshot. A gift from the heavens. At Least 26 million tonnes of CAF2 which is arsenic free - a mineral on the critical list, and one which there is a world wide shortage.

At prices of between $500 and $1000 AUD per tonne (estimated) gives Tivan a resource of 13 - 26 BILLION dollars. And that's based on current deposit estimates.

It's easy to mine and process - just add water - and Grant Wilson has gone on record that $150 million will be more than enough to build the mine.

I was the person who asked Grant about err.... grants from the Govt on his CaF2 investment live-stream webinar - he answered a resounding YES to government financial help being available.

Sumitomo are just waiting on information about Government financial input I'd reckon before the I's can be dotted and the T's crossed.

I'd be astounded that Sumitomo didn't know exactly the metrics of this project before allowing Tivan to use their name for promotion..

I'm expecting a solid, steady re-rate over the next 2-3 months (around 9-10c) until the Sumitomo deal is finalised. The next rerate will depend on those details, but if the figures of Construction being under $200 million (minus any grant funding) and resource of up to $26 billion are correct, then it would be hard to see Tivan under 25c regardless of shares on offer.

Once mine construction starts, well its all up to the market then I guess.

Use profits to develop the Lead / Silver project and the next re-rate (plus dividends!!) will happen.

Flourite -Lead - maybe Vanadium.

Just keep the messaging on-point and succinct Grant please - and get Guy involved - and lets see this project grow.

Good Luck to all Holders!