The fact is almost every government in the world is talking about needing large scale energy storage, and we are already seeing when it comes to battery storage, behind lithium vanadium and VRFB are becoming the go to. Sadly the world moves slowly when it comes to climate goals, but the issue and discussion isn't going away, and the odds are in favour of more money being invested in this area going forward. And as I said above, we are already seeing VRFB being implemented, so we're not talking wishes on some some new unproven technology.
You put it spot on Rook, if vanadium was $30lb, actually we probably wouldn't even see this bloke as TMT SP would be soaring, but the easy downramp would be that we're not producing yet so what does today's price matter.
Will the World stay in this financial turmoil forever that began with the virus? who can know for sure, but commenting on a resource price in a climate where there is ample reason for the price to be depressed, it's not exactly offering some amazing insight that 'holders don't want to talk about' or aren't aware of.
We're invested in a company that looks to be a cut above competitors, and we're betting on an industry/market that projects to be much more positive in future.
You can make a valid case against any company, in any industry, at any time, but is it really offering wisdom? or just being a contrarian by pointing out an obligitory risk that probably every holder is already aware of?
TMT Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
