How is this all not , well, fantastic… news …. Vertical integration means you manage everything from the raw materials dug on abundant land that one owns and care for (environmentally) to the electrolyte to the battery of which one has the IP (patent of)…
$Billions for the grab…. for those capable of playing in this game… specially for those who will not have raw material depletions, that have proven to be highest purity providers of the mineral which powers this most environmentally friendly energy storage solution – VANADIUM !! What’s right with this picture…?
Gets better; Little-to-none vertically integrated competition and ready to deploy..NOW !
And wait…
…Low (lowest?) cost producer !??
Can we assume that Utilities will need this LONG-duration energy storage tech?? What about energy-deprived areas…around the world? Military instant-grids anywhere …anytime ! Generators in many applications will also be replacement targets….
Not to worry…We’re still selling the V product to others as well as , NOW, to LARGO CLEANENERGY… and in any quantity and exactly when needed. Yes we are selling a product and a service…a new energy storage service that may be sold… or leased!?
How much would it cost LARGO to find the resources, create the IP, churn out prototypes, develop the end solution…one that is patentable a-la-VionX?? Would it not cost Hundreds of Millions$ for all this R&D-- of course it would. It would also take many many years … We got all of that instantaneously…
I mean do some simple math…we have competently entered a several Billion market (by 2025) with CleanEnergy picking up a minimum of 5-10% of that?? The picture keeps getting better…
Look, for now at least, we have chosen to go for the low, extremely opportunistic, hanging fruit (V redox storage market) for a few million$ instead of Ti for 100$m+…but wait…Ti may still prove business case possible (future-future) preceded, perhaps by iron ore??
This thing called LARGO is ONLY HEADED NORTH … I personally bought at 0.72 (against most) and at 1.44 (just yesterday) and everywhere in between… I’m sticking by your side Mr Cooperman…and Largo…
We are, almost surprisingly, doing the right thing at the right time … Largo has demonstrated great VISION and power to take action. Thank-you LARGO !