10-10-24 GIL free email I simply do not cover nor own many oil companies at this time. However, I do own and have identified what I feel are MAJOR opportunities within the energy sector. So in lieu of being silent here at BGL, I want to begin sharing select special situations in "clean energy" and battery metals that have particular catalysts, undervaluation, and/or straight up sexiness and growth to their stories.
will share a micro cap gem with you all next.
Vanadium
I have a deep conviction that Vanadium (V205) Pentoxide is going to emerge as a primary focus in the battery metal driven energy sphere during the next few months-few years. I think it will be spotlighted and named a critical mineral in the US as it is HANDS DOWN the preferred mineral to produce industrial scale energy via VRFB's. Vanadium Redox Flow Batteries are just recently beginning to step into growth we anticipated 5 years ago but now globally are growing on average over a 60% CAGR.
The problem? And this is a fact (!); The United States and Canada combined possess abundant V205 resources in our geological settings but we produce virtually NO Vanadium! It is under 2% of global production the last time I looked and China/Russia are approaching 80% of it! China consumes virtually everything it produces and has "covertly" been building massive VRBF giga like factories scattered around the nation.
So, there has not been much interest or motivation to see the V205 price in the market place to rise. In fact, it has drifted to the lowest levels I've personally seen since initially being intrigued by it in 2017. But rest assured, Vanadium prices will have another day in the sun and I have some unique "inside baseball" regarding aggressive actions being taken by shrewd conglomerates (plural!) scrambling to secure Vanadium Pentoxide supplies over the coming decade.
I'm not getting into all of it right now but incredibly, despite the low V205 price, I think Phenom Resources (PHNM/PHNMF) vanadium assets/activities could be about to bear VERY visible fruit. I'm talking about a lynchpin that can take PHNM to $2-$4 per share virtually overnight! I do not know for certain how things will all play out in the immediate/short term but let's just say that I'm very excited about my massive position in the stock for good reason :)