XAO 0.22% 8,591.2 all ordinaries

Short Term Trading Week Starting: 9th Apr, page-101

  1. 49 Posts.
    STTCOMP POW, FA LONG

    Vanadium/Uranium and Wave Power/VRFB's
    Mktcap-$9m
    SP-$0.031
    CASH-$2m

    Protean Energy has a low market cap in the Vanadium sector and seems ripe for a breakout.

    **March 2017 this (POW acquired 50% stake in South Korean VRFB company)-
    -Protean acquired 50% stake in a Vanadium Redox Flow Battery Energy Storage System (VRFB-ESS) company KORID Energy Ltd on 3 March 2017
    -Subsidiary of KORID inc (Protean’s JV partner in Korea)
    -KORID Energy rebranded PROKOR which will manufacture a range of V-KOR battery units


    http://www.proteanenergy.com/Protea...tean-Energy-Corporate-Presentation_170505.pdf

    **Then this (POW 50% stake in a Vanadium project in Korea, to supply their battery company)-

    POW is developing the multimineral Daejon Project through its 50% holding in Stonehenge Korea Limited (SHK). SHK owns 100% of the rights to three projects in South Korea — the flagship Daejon Project, plus the Gwesan Project and the Miwon Project.

    Through this holding, POW also owns a part share of battery factory in South Korea that could see it have an end-to-end production to processing pathway.

    https://www.nextsmallcap.com/asx-va...aa9c3e2d&utm_source=SD&utm_term=Find Out More

    -POW is also waiting on some testing for this site. Positive news will see it fly.

    PDYOR
    GLTA.... Peace
 
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