RE:RE:RE:PositiveVanadium price outlook into 2019Thanks Clipper22200000, I completely agree that Largo would be well served to at least actively support VRFB development and production. As a stockholder I would gladly support either a leasing program or a dedicated production stream with a "Long Term" pricing structure that would be very profitable for Largo while still protecting VRFB development from being priced out of the market. With the extended life of mine and production increases that Largo is experiencing I would think the stock price would benefit from a portion of production having a stable base sales price.
On a personal note, I am actively looking for a Vanadium power storage system for my home. So far I do not think any such product is available in the US. A vanadium system would be worth the substantial investment NOW for me for these three reasons.
1. System life should be at least 20 years.
2. Backup power during utility outages (Especially in winter).
3. Power can be stored during low priced periods and utilized when power prices are higher. My utility, and previous employer, offers Real Time Pricing. Routinely ComEd in Illinois sells power for as little as 1 cent per killowatt hour. During extreme grid oversupply they even pay Real Time Pricing customers to draw power to keep the grid stable and prevent nuclear station cycling.