Ann: V-KOR Vanadium Battery Successfully Completes Demonstration, page-7

Where, how and when are they going to build these batteries.

It's like designing and building a demonstration new car. Everyone likes it
"I want to buy one, when can I get one, how much".
"Err, we haven't got a factory yet, we wont know the price until we are producing on line"

The share-price will hang around in the 20,s until it starts happening, either the vanadium sales, battery sales or both.