The only downside to betting on mid to long term is a lot of research is being done on alternate / cheaper battery technologies and this is for both "short life - high density" & "long life - low density" segments.
We can only hope that there are no new discoveries/inventions that will take the steam out of the vrfbs.
I am looking to buy VR8 shares. Does anyone know if South Africa's power shortage is going to be a deal breaker for VR8? Is the company working towards setting up alternate power backups? if Yes, is that cost already part of the current Capex projections?
VR8 Price at posting:
7.5¢ Sentiment: None Disclosure: Not Held
