Originally posted by Hotrock1
Strech,
Just spent 20 minutes writing you a lengthy reply only to see it disappear at the stroke of a key !!!! "not happy Jan " totally p!ssed off.
In a nutshell:
1. Been involved in very large scale Australin oil shale Vanadium play as part owner since 2011 with a JORC in tow.
2. We sold the tenements during the oil price decimation in 2013.
2. The Graph shows stability into the WA grid operator.
3. The battery demonstrates net energy credits to the battery owner.
4. The tech is proven with South Korean government backing.
5. The associated IP is worth a lot of money as a license to vend out.
6. POW is by far the cheapest Vanadium play on the market given it's vertically integrated set up.
7. Our other battery tech resources ventures will require energy solutions to produce end products.
8. We will contact POW about potentially utilising their batteries to provide large scale power batteries for beneficiation plants at the future mining operations.
9. I will be one of the first to utilise a smaller scale POW unit for long term stabilised PV VRB energy storage for a house we intend to build in the not too distant future.
10. POW is by far the cheapest Vanadium play on the ASX , holding so many vertically integrated advantages.
Nothing else to add, apart from my frustration spending losing a 20 minute reply at the stroke of a type button
Cheers
HR
Just my biased views as a long term holder .. like it or lump it .. maybe the market is playing silly buggers with the SP at the moment .. not unusual in today's market on the ASX.
Hi Hotrock1
You mention here building a new house soon and wanting to deploy a VRB battery for that, but I don't recall any announcements by the co regarding the suitability of the vanadium battery type for single domestic use - only for grid support, small or micro-grids, and commercial and industrial applications. If you have spotted something I missed please reply where it is stated as I don't think we are to compete with Powerwall, Sonnen, Redflow or others targeting that market but I could be wrong.
As others have commented, VRB is the next generation (IMO) for grid support to bridge the gap to when solid state is perfected.
Many Thanks BC
(20min delay)