The VRFB-leasing model and LGO share prices Personally I don’t think that we will see any definitive battery-leasing contract NR until the mechanism/engine for the battery-leasing model is in place (or near completion). Just a few NRs announcing some negotiation-in-progress would be enough to excite the market. IMHO.
The success of LCE is dependent on the success of the VRFB-Leasing model. The LPV-CPC arrangement is the mechanism/engine for the Leasing Model. The result of the LPV-CPC deal will be the creation of a separate entity holding physical Vanadium to be leased mainly in the form of electrolyte solution to the VRFB end-users in exchange for periodic payments (thus providing a low cost solution to the end users who will save on upfront capital spending). This new entity will be publicly traded. So if this concept can attract investor interest then its Initial Public Offering will be a success which in turn will be a clear indication of the bright future of LCE. Investors would be attracted to this concept only if they believe in the ability of LCE to lease its VRFB. So, IMHO, we only need a hint of a positive investor sentiment for Largo stock to shoot up.