RE:Execution of the energy storage planI have been following this bullboard for a long time but this is the first time I have added a comment. I find the discussions very informative and to a much higher standard than other boards. In particular I appreciate the inputs from kha 341, and Clipper 2. However, I think the comments in general on the last conference call have failed to take in the points Ian Robertson was making about the differences between the business of a vanadium mine and the sale of storage batteries for intermittant power generating systems.
Surely LCE customers must be developers of new power generating systems where the storage battery is a major component. An actual sale must depend on first getting selected by the developer, and then waiting for the developer to get a contract for the system and awarding the subcontract before a sale can be counted as made. I come from the aviation environment where LCE is like the supplier of an engine, not the supplier of an aircraft.
There may be cases where operators of existing systems need a storage upgrade and LCE can market independently from the original developer of the big system, but I doubt there is much opportunity there. They have to deal with a long process to be a part of the kind of system we are talking about here.
I have been a shareholder of Largo Resources stock since 2008, so am used to being patient. Some very big obstacles have been overcome and it is amazing to me that it is finally coming together and looking like a serious business after all those years. This is no time to give up on it.