BDIY up - good for raw resourcesThe baltic dry index has moved up each day for the past seven days - raw materials are moving from supplier to buyer/producer. This bodes well for recovery in manufacturing/building final materials including steel and other goods.
BDIY From a low of 663 on Dec 5/08 to 2214 on May 8/09 - May 8/08
More info for use of vanadium in batteries:
https://www.vrb.unsw.edu.au/
CONCLUSIONS
With high energy efficiencies of over 80% and a cycle life of greater than 16,000 cycles, the Vanadium Redox Flow Battery that was pioneered at the University of New South Wales has been shown to be superior to any other battery system currently available. Commercial installations have already been completed in several parts of the world for a range of stationary applications and full-scale manufacture has begun in Japan.
The unique feature of “instant recharge” by mechanical refuelling, also allows many benefits and much greater flexibility for electric vehicle applications so that market acceptance can be more readily achieved. VRB users would thus have the convenience of being able to either recharge their vehicles at home at night, or refuel any time of the day, the same way that they currently fill their tanks with gasoline or petrol. Unlike petrol, however, the vanadium solutions are never consumed, but can be recharged indefinitely. The spent solutions could thus be stored at the refuelling stations for recharging at night with off-peak electricity. The VRB recharging stations would thereby act as load-levelling systems, so that the need to build extra power stations to meet the increased power demand from electric vehicle charging would be deferred.
The current energy density of the VRB would permit its use in buses and a range of off-road vehicles where mechanical refueling would allow 24 hour use. Further improvements in energy density, however, should also see the VRB gaining acceptance for electric passenger vehicles in the not-too-distant future.
China producing and selling batteries too: https://www.madeinchina.com/2714926/S3549728/Supply-Every-Types-of-Vanadium-Redox-Battery.shtml
More vanadium to be used in vehicles batteries: https://www.greencarcongress.com/2008/12/valence-technol.html
Future looks bright for vanadium. This deposit has such a quick payback of costs it is only a matter of time before it is bought out.
Other TSXV companies with vanadium FWR, ADI, APA. Early stage for all.
Still hanging in. As this management has already proven up and sold a resource property I believe that they know what they are doing. Many companies, economists, analysts, etc. were caught by the fast downturn in the markets.
Now the quick upturn. Both down and up setting records. At some point the economies will pick up and the resources will be what is in demand. Companies can not make profits for their shareholders if they are not buying the raw material and producing and selling. Green is in and vanadium power is green.
The time will come when we will smile.
Susan