The only concern for me in regards to the battery side of POW is that they are coming late to the party, perhaps they will be too late.
https://www.smh.com.au/business/the...first-grid-scale-battery-20181024-p50bjd.html
On the plus side, even without the battery demand for vanadium there is still a large demand for vanadium which will underpin pricing so the resources side should still be able to do well if POW starts mining.
The only concern for me in regards to the battery side of POW is...
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