RE:RE:new video interviewGrowlr wrote: TY for vid post. I've been long for a while and I'm always disappointed in regards to how this company communicates with the market and the sp seems to reflect that frustration. This interview was no expexction: when you speak about potential revenue in the millions when you mean billions, then there is a problem. Having some pre-planned speaking points that articulatel the market and raodmap to be executed to create earnings = shareholder value, isn't to much to ask. What was the point of this interview? Lost opportunity. Hoping for better on the upcoming earnings call but I fear the saying "a hope without a plan is just a dream" may be true in the case of LGO. At least high vanadium prices will provide alot of tailwind.
Agree.
I don’t need Misk wasting time explaining how VRFB works with a positive electrode on one side and a negative one on the other.
At 23:55 when M. Gordon asked regarding the Enel Green Power contract from last July: “How has that moved forward and what does that tell you in terms of your ability to not just contract with them but other people on that technology and therefore incremental revenue to the business?" Misk gave some sort of no-answer winding reply. Gordon pressed on: “Just looking to the future for your shareholders or anyone new investors looking into this is you have got to set expectations, right, with the timing of you know how you think that the VRFB market develops and more importantly how it gets a point where you can sort of get in some sort of indication about what it’s going to mean for the contributions towards your bottom line in terms of sales in terms of the products line…um..I think you would agree with that, so in terms of managing expectations what are you thinking about when it starts contributing towards the better bottom line? Misk replied by a long winding talk about the mining operations (wtf?) then at the very end he added “We are expecting a contract of 1.4 gigawatt-hour by 2025, that will be deployed by 2027 (?)....”
Note that “1.4 gigawatt-hour” (= 1,400 megawatt-hour) was the objective given by management on the company’s first Battery Day presentation in June 2021. So nothing new here. Any progress? Are we on schedule?
Conclusion: Good questions from Gordon and evasive replies from Misk as usual. A missed opportunity for a good dog & pony show.