Just read the latest interview with PLS boss Ken Brinsden and came across an aspect I hadn't considered. While the market is oriented towards the big names in the battery industry and other miners go through the roof at the mere mention of them, I see an advantage for Volt to cover other "smaller" companies in other market segments (outside the common EV industry) as well. Since with the large manufacturers you are usually negotiating an enormous quantity at a fixed price over a very long period of time, and there is a certain dependency due to the quantity purchased, there is much more room for price negotiations/price adjustments with a healthy mix of smaller and larger customers, as has already happened with ZG. To me, the fact that our flakes improve an existing product (again) really is a seal of quality!
BTW... AES would then be the third "non-Chinese" customer with regard to Bunyu.
VRC Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
