Some thoughs I understand that presently Fuel Cell Electric Vehicles (FCEV's) have ranges of about 300 miles between fill ups, but most of that Hydrogen (H2) is sourced from petrochemicals which cause pollution. Also the weight of compressed H2 required for FCEV's with ~300 mile ranges is about 27 pounds. This would indicated that the (H2) requirement is (27. 0 pounds divided by 0.0056 pounds per cf) or 4,821cf, as H2 weighs 0.0056 per cf.
If the above info is accurate compressed hydrogen for the future needs of one million FCEV's would be 4.82 billion cf is not out of line with present hydrogen use in fuel cells, which in the US is about 100 billion cf annually before total global use.
Present hydrogen in Fuel cells power buses, boats, trains, planes, scooters, forklifts, etc.) so meeting 4.82 billion cf for FCEV's is attainable. However H2 should try to produced from water or the atmosphere to limit pollution.
Platinum, graphene and molybdenum will do the job, but platinum, the main element is expensive and used to produce hydrogen from petrochemicals while hydrogen produced from water - a non-polluter - can be produced using either graphene or molybdenum, both which are less expensive. Production of hydrogen from Graphene may be some time off. Molybdenum is cheaper than the others and has been making good progress in producing H2.
Fuel Cells in FCEV's use large amounts of graphite - which Energizer can supply.
Molo's Proven and Probable reserves are good for 26 years according to the annual production stated in the Feasibility Study of February 6, 2015. Why not lower that to 13 years with the intention to double production and form a 40% JV with the major shareholders - who are JP Morgan Chase, VR Advisory Services etc. Energizer's large resources of graphite and vanadium can easily be converted to proven and probable reserves in a JV.
The 40% JV interest can be exchanged for their Energizer shares. The shares returned to Energizer would be held by Energizer for its part for further development of the JV.
Such a JV would allow for Energizer's future growth, show confidence and give Energizer a solid growth base.
If later a JV partner or the partners do not want to remain in the JV, they can sell their interest to a large company in the graphite industry.
In the meantime, DRA Projects can handle the JV Partners part of the JV