Words are meaningless until they come into fruition
red flags when their are coy groupies rabbiting on about very little
notice the Horizon battery was not listed on the Australia map I posted the other day
nor any other vanadium battery
the current CEO was appointed in Oct 2022
Vince left the building August 2023 , he was involved in the initial discussions regarding the Horizon Battery
so the coy had two ceo's on renumeration for nearly a year
the sale of the Horizon battery was announced in July 2023
the battery arrived on our shores in January 2024
electrolyte was produced for it in September 2024
it took two plus years to get it up and running
have there been any sales of VRFB since the Horizon battery ?
Obviously without mining the vanadium ore to produce the electrolyte they are not commercially viable compared to a lithium BESS in Australia
this ceo thinks he is worth double the renumeration than what Vince was receiving
should SH seek the installation of bundy clocks and cameras throughout the AVL buildings
Vanadium also at historical lows ,
Bushveld in sth Africa in care and maintenance , and has financial difficulties
Largo with their mine in Sth America ( both those coys in low socio economic regions ) has been struggling to survive,
US Vanadium source their vanadium ore elsewhere , they do not mine ,
they have less staff than AVL
AVL requiring a billion dollars plus plus to build their mine plant at the current high interest rates , questionable management CR before end of the year
Vince completed the BFS in April 2022 was two years late due to being scrutinised by vanadium experts
Now April 2025 three years later and it's still being optimized by this current management
VRFB first announced in 1985 have not been embraced in Australia struggling for recognition
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