Alrighty then folks, the hype train is cute and all but here is why I see this retracing back to 2 cents and below today or early next week.
Their first flow battery won't even be installed till September, this is well and truly already priced in to sp. Revenue from this is diddly squat. At 160k, it will take 10+ years to see fruits. Will industry peers see this as a commercially viable option? The 'possible' customer list has grown in a short period of time yet they will need to sell a lot to generate any cash that will stop the bus.
Regarding the USA. It is only 20% nuclear powered. There is still a huge market available for vanadium and its potential yet American V has failed to execute. Reason being it is still way too early in the peace for V. V is simply not on the precipice of a lithium like boom. The market for it is still years away, if not decades.
Big Bill Gates himself endorses flow batteries yet not Vanadium to run them.
DFS yet to be released. All things going swell, production still won't start till after 2018 at the earliest.
Regarding high grade V deposit. Refer to TON and their high grade graphite find. Worth nothing in the ground.
Ve currently cost through the roof to produce.
Can Avl lock in buyers? Again where is the current market for it? There isn't one. Investment relationships with the big red a little rocky atm too I noticed (front page of Australian) though probably not too relevant currently speaking.
Regarding lithium vs vanadium battle. Refer to vhs vs beta. V right now is clearly beta. People with a lot more sway than us will decide which one is better for the masses. Yes, yes I am aware of its other uses, I actually think it compliments lithium more than anything (lithium vanadium phosphate
)
In summary
Managament haven't put a foot wrong, recent retail pundits have. They have bought into the dream too early. Simple as that. I like Vanadiums prospects. 'Potential' is huge. Just years away is all
Have a great weekend all!
(20min delay)