Been doing some research into uses for Vanadium lately, the future is looking pretty strong &
POW is in the box seat to take advantage of this moving forward, imo, based on the amount of Vanadium they may have in S0uth Korea (see below).
The vanadium redox flow energy storage system is at the cutting edge of battery technology and may provide an excellent means for storing the energy generated by the Protean Wave Energy modules.
http://www.americanvanadium.com/cellcube.php
CellCube, the individual energy storage system, adapts to every requirement. The system power output and capacity is scalable from the kilowatt range to the megawatt range without a problem. The modular and flexible structure of the system allows varied application options conceptualized according to requirements, depending on customer preferences.
Currently deals are being negotiated between Vanadium companies and flow energy storage companies across the planet. Perhaps POW also has an opportunity here to capitalise on the improving climate for this resource.
http://www.stonehengemetals.com.au/she_project_daejongeol.aspx
Stonehenge has declared an Exploration Target, in accordance with the guidelines of the 2004 edition of the JORC Code, of between 70 and 90 Mt of mineralisation at a V
2O
5 grade of between 2,500 and 3,500 ppm, resulting in between 385 and 695 Mlbs V
2O
5. In accordance with the guidelines of the JORC Code, this vanadium Exploration Target is considered to be conceptual in nature, and there is no guarantee that the Target will convert to a resource with additional drilling. Notwithstanding this, vanadium mineralisation does exist in the historical core and Optiro considers that extensions to the vanadium resource could readily be achieved if the resource conversion programme proceeds.
GLTAH
(20min delay)
