RE:maplenorth
We keep hearing that story for years. As a matter of fact, there is a measure for demand. It's called price. As long as supply remains steady (and it does for a number of years), price is a direct measure for demand.
The demand growth that we keep being promised just never came to fruition. And obsering the energy storage news, there is no indication of that to change anytime soon. There have been ZERO vrfb sales for more than a year now. If that tech is so compelling, why is nobody buying into it? Why do 100% of buyers opt for Li-Ion, iron flow and Zinc Bromine?
Largo's (as well as Bushveld's) VRFB marketing story is badly damaged. With Largo's Clean Energy unit in disarray (no leadership, no deals, no revenues, nothing but losses) the picture becomes even more dire. LCE's head Steven Prince has been fired. What's been going wrong? We are being kept in the dark. What are the current plans, who's going to lead the division? We are not being told.
If you wanted to destroy shareholder value, this was exactly the route to go!