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06:34
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Originally posted by hollway
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Absolutely, things change. And do you want to fund that change? What's your timescale? Are we a unilateral collective of scientific pioneers or shareholders keen on a decent medium-term return? It's an utterly deliquent and badly thought through dragon to chase. And it makes me wonder whether management really do engage applied thinking or just chuck out press releases to satisfy gullible investors? Here's the thing...look at the sheer size of a VRB battery. For starters,her square footage ain't going to be squandering space in your land-limited cul-de-sac anytime soon. That's inner city populations ruled out off the cuff. Perhaps rural properties? Yes, maybe. BUT there is no way, whatever I am told about the non-flammable properties of a large vat full of chemicals, I would have that battery anywhere near my house. So we're talking about an installation at least 20 foot away from the house. Cue the expense of putting in a concrete pad, cables running underground etc and probably a lockable steel enclosure so the kids doon't start dicking around with it. Installation expenses rising already. Plus delivery charges to rural properties would be exponential. Plus the maintenance - who maintains it in these far-off places? Who are the local experts? I wouldn't have invested in a Vanadium company if I didn't think the solution was a better one in certain conditions than lithium...but residential? No way, Jose. Not for years and years and years. Do you have that kind of time to wait...and imagine the share dilution between now and then? We've already been diluted to the bone in just the past two years. If this is their big idea...then we need new management. A pipe dream precipitated by failure to gain traction in a potential, ripe market or fool's gold dreamt up by either fools or people too mercenary to care. New management please.
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Isn't this s similar to the battery substation that Tesla is building? If Tesla can, VRB can too http://mobile.abc.net.au/news/2017-09-29/elon-musk-tesla-world-biggest-battery-reaches-halfway-mark/9001542?pfmredir=sm
(20min delay)