Sparton Resources Inc SPNRF

news: 5x increase project deferred to early new year

[mingzhu]

"Dr. Huang noted that Hubei Province has rich mineral resources, outstanding industrial advantages, and an excellent business environment.

“This presents a unique opportunity for scale-up of the vanadium flow battery industry, and we applaud the government’s plans to support development of a US$14 billion world-leading vanadium energy storage industry cluster,” Huang commented.”

On June 25, 2021, Chinese Media Group “Caixing” and UK based “Energy Storage Publishing” reported that “China is on the verge of banning the use of second-life lithium-ion batteries in large-scale energy storage systems amid a spate of fires this year”.

On July 2, 2021, VRB Energy announced an investment of US$24 million by BCPG PLC – a Thailand-based public company and developer and owner of renewable energy projects in Asia-Pacific region, with 900 megawatts (MW) in operating and a pipeline of over 2,200MW, across Southeast Asia, Japan and Australia. On July 14, 2021 Sparton reported that VRB Energy’s vanadium redox battery system has been selected for national evaluation in China. VRB Energy has tendered a contract to increase the 100 megawatt project for Hubei Province to 500 megawatts. The timing of awarding this contract has been deferred until early in the new year, 2023 due to current issues related to Covid 19 in PRC."

https://ceo.ca/content/sedar/SRI-20221128-MDA-English-bc52.pdf

[GoldPathfinder]

Who can not wait 1-2 month to get 5X contract? "VRB Energy has tendered a contract to increase the 100 megawatt project for Hubei Province to 500 megawatts. The timing of awarding this contract has been deferred until early in the new year, 2023 due to current issues related to Covid 19 in PRC. And "2023 MAY BRING A LIQUIDITY EVENT FOR VRB THAT WILL ALLOW SPARTON TO MONETIZE ITS

[bantaly]

NEWS, HOPEFULLY VRB NEWS ARE COMING IN EARLY JANUARY 2023

[bantaly]

JUST GET IN NOW OR MISS THE BOAT GENTELMENTS

[GoldPathfinder]

"VRB Energy Update Final decisions on the large Hubei Project battery contract in China are now expected to take place before the Chinese New Year which occurs on January 22, 2023. Delays in the decision process have been mainly due to COVID issues in PRC and their effects on the multiple parties involved in the contract, which will be with the Hubei State Power Company." https

[bantaly]

LIKE I SAID GET IN NOW BEFORE THE TRAIN IS ABOUT LEAVING THE STATION WITH GOLD AND VRB CONTRACT ON JANUARY, HAPPY CHINESE NEW YEAR EVERYBODY ON THIS BOARD

[bantaly]

ALSO ,IT IS GOOD FOR ELDORADO AND SPARTON EXPECT GOLD COULD BE OVER 2000$ IN 2023 YEAR AS MARKET ANALYISTS SAID

[Zzzzzzzzzzz]

If things are so grand why no insider buying? 

[bantaly]

THE INSIDERS HAVE ALREADY BOUGHT SOME BUT THEY DID NOT POST IT ON YET

[bantaly]

SOMETHING IS BREWING UP ON JANUARY 22 2023 

[Dollarmover87]

https://twitter.com/SpartonRes/status/1603756727450669056?s=20&t=IU-KUVAqg35Re8mG9RBnnQ

[bantaly]

HEY DOLLARMOVER87 , WHERE THE HELL ARE YOU ?

[Zzzzzzzzzzz]

The only thing that the insiders have done is sold, they have not bought.

[Dollarmover87]

go back to sleep bugsy

[bantaly]

GET IN NOW DOLLARMOVER 87 , 2 MORE WEEK LEFT

[bantaly]

BECAUSE THE TRAIN IS ABOUT LEAVING THE STATION 

[bantaly]

EVERYBODY LOOKS AT  IE TRADING AT ALL TIME HIGHT AND SRI IS 10% OF IT 

[Mingold]

Or you can provide your proof of insider selling.