Thanks, @jskf for the compliment. I have followed a similar investment logic to RNU in buying into AVL. IMHO huge rewards are awaiting early investors here. Whether this is going to be x5 or x10 only time will tell.
I follow @Scarpa who provides great insights and it was his comments on HC that got me interested here at the start.
I prefer a top-down approach to investing as opposed to relying on frequent company news. This is what is needed in the Vanadium space. We need investors to start believing in the long-term story here. Yes, company news is important but like in the case of Lithium investors need to be convinced that there is an underlying growth story in Vanadium.
Having done my own research, I am convinced that Vanadium has huge growth potential in the energy storage space. I am convinced that large battery storage solutions are a must for the sustained development of renewable energy.If you believe in the green energy evolution, then storing energy efficiently and safely with the least impact on the environment are important aspects for the sustainability of technology.
In the future, a place like Aus will need large energy storage solutions to support EV and industries like mining. Very important for the Australian economy to support industries in remote off-the-grid locations.
I found two very good write-ups to support the Vanadium growth story (old but still relevant)
1. Renewable Energy World - Lithium or Vanadium: In Energy Storage, It’s No Contest (2014)
"Earlier this year, the California Energy Commission (CEC) published a $20 million solicitation to fund research projects for the deployment of long-duration energy storage. The objective was to develop a clear understanding of the role that long-duration energy storage (10 hours or greater) can play in helping to meet the state’s mandates to decarbonize the electricity sector by 2045. Lithium-ion batteries were excluded from the solicitation."
The takeaway is "Lithium-ion batteries were excluded" for this research project.
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Is this just a story or are there commercial developments? Are the governments taking this seriously? There is now growing evidence to support that Vanadium is becoming the preferred large-scale energy storage solution.
3. Energy Storage News - UK’s Pivot Power brings online 5MWh flow battery at ‘world’s largest hybrid project’ (2021)
"Flow battery company Invinity Energy Systems, alongside developer Pivot Power, has fully energised the UK’s largest flow battery, located in Oxford, England. It forms part of the £41 million (US$54.2 million) Energy Superhub Oxford (ESO) project, which is set to support the city’s goal of being zero carbon by 2040 or earlier, by integrating rapid electric vehicle (EV) charging, hybrid battery storage, low carbon heating and smart energy management technologies".
Key Takeaway - Vanadium will do the "heavy lifting".
4. World Battery News - Australian Vanadium's VSUN Energy to install redox flow battery for trial project (2021)
This is a prime example from our own backyard supported by the WA Government. This is such an important development and many HC contributors have written enough on this.
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Enough about the potential Vanadium growth story.
What Stock to Buy?
Once I have picked my trend, AVL was an obvious pick given the Aus Government grant of AUD3.6m. This is such an important catalyst for me to choose AVL over other Vanadium plays on ASX. I once asked RNU CEO David C about government grants and he said they had applied but were very hard to get. This government grant to AVL is a huge endorsement of AVL capability and credit to AVL Management.
Lithium stocks had a great run and will likely continue to run. But I am now looking for a stock that will potentially give me a few bags. I think AVL gives me that risk-reward opportunity over most Lithium stocks.
PS: Please DYOR before investing your hard-earned money. My views are now biased towards AVL as I now own the stock.
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The below Stxxkhead link gives you a good overview of ASX Vanadium stocks. Replace unauthorised with "stoxckhead".
(20min delay)