AVL australian vanadium limited

Big Batteries, page-542

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    Interesting times for Cell Cube, AVL’s long term associate and Lumina Project battery stack supplier.
    According to the following link,  a big stake in it has  been for sale for a long time  : https://www.miningmx.com/news/ferro...lcube-shares-as-embarks-on-strategy-overhaul/.

    But, perhaps  knowing African vanadium producer,  Bushveld Minerals has  been in serious financial trouble ( with low vanadium prices and bad debts) there were no takers.
    The company was recently put into administration with last ditch hopes it could be saved.
    Now, however, as of a fortnight back, it’s officially the end of the road for Bushveld and assets are now being liquidated.
    https://www.miningmx.com/news/ferro...eld-minerals-which-will-be-delisted-from-aim/

    Who will scoop up  more than a quarter share of Cell Cube I wonder?
    And what price will they pay?

    Any guesses?
    (I am thinking US Vanadium may make a move given the solid US backing Brian Menell (chairman and CEO)  is able to attract through his leadership at Techmet?)
    …Or Invinity?
    Not AVL I don’t  think, despite the long association and current contract as a) it’s got ‘ no cash ‘ and b) is frying other fish.

    Cheers
    Last edited by sabine: 01/05/25
 
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