VRC's application is very competitive and has a high probability to get it for the following reasons:
(1) Graphite supply advantages: Only existing graphite producer in EU with purity of 99.5% done at mine - ZG mine; Large reserve (2nd in the world?) with 54% coarse flake (easy to purify) in Bunyu Mine. SYR has the lager reserve, but is not as good as VRC mines in terms of purity. In addition SYR has gotten a $220m from DoE, likely is will be excluded from the current period of applications.
(2) Partner AECT (exclusive): "AETC is the only organization in North America capable of producing commercial quantities of spheroidized surface coated battery-ready graphite for lithium-ion battery anodes".
(3) Off-takes: Existing ones and upcoming ones with large companies.
The case looks very strong for me. There will be 4-8 awards, who else is more competitive? In addition, geopolitical factors may also help VRC. The $50m support for a good cause is nothing comparing to the $50b war support.
- Forums
- ASX - By Stock
- Ann: Volt Reports Significant Progress on Downstream Business
VRC's application is very competitive and has a high probability...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $20.79M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $6.262K | 1.258M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 37161321 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5325179 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 37081321 | 0.004 |
11 | 20037715 | 0.003 |
11 | 27491525 | 0.002 |
7 | 17650000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5325179 | 2 |
0.006 | 22145098 | 36 |
0.007 | 9322122 | 10 |
0.008 | 5295275 | 10 |
0.009 | 5671149 | 8 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online