Ann: Update on DFS progress and ESG Initiatives, page-21

Yes the VRFB would be the gravy or the second booster of this project.

But Vanadium demand for addition to metals should be strong and growing and with secondary supply (mostly from burned fossil fuels) likely decreasing, primary supply will have to take up the short fall.

If the Vanadium batteries (currently one of the top contenders for stationary battery storage) get widely adopted we could well be in for a very nice pay day with VR8 production hopefully coming online as demand for these batteries picks up. Might be a bit like buying a Lithium miner a couple of years back.