I went to RIU conference in Sydney today. Wayne Loxton (technical director) was 2nd presenter for the day and I must say, he seems well credentialed and the company has rounded out nicely with both developments on the vanadium project and vanadium battery. They seem to have achieved a lot in a short time.
Most of the presentation was spent on the vanadium resource. He Seems very focused on Korean partners and even eluded that Koreans would purchase or buy asset. Also indicated MOU on resource is imminent now that resource has been derived and 25-30 year mine life for Korean market.
Battery got about 1 min out of the 15mins but I just think he ran out of time.
The RIU preso released to market on Monday is pretty comprehensive.
No avenue for questions due to format of conference. I looked for him in the morning break but couldn’t see him.
POW Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held