On 10 December 2018, Scandivanadium Ltd (ASX: SVD) made an investor presentation where the company highlighted its exposure to the Vanadium and the battery metals sector along with the significant sedimentary deposit in the heart of Europe.
The presentation begins with the capital structure of the investment summary where the company highlights its exposure to high-quality vanadium and battery metal sector. Vanadium forms a part of batteries. Vanadium Redox flow is considered to be one of the best solutions with the operating life which is more than 20 years.
This solution is recyclable which enables low capital expenditure and low operating expenditure. The company has an excellent infrastructure and will also have access to EU markets. For this purpose, the company was able to generate approximately, A$5 million. It has issued 351,866,100 shares and 112,500,000 performance Shares. There are around 18,750,000 options on issue at A$0.027 till March 2019. Further, there are around 58,000,000 management/ advisory options at $0.04 which is on the issue till November 2022.
The company also highlights an increase in vanadium prices due to China’s rebar standards improvement. Europe imports 100% Vanadium ore and concentrates since 2014. Another reason for the price rise of Vanadium is that it can store energy up to 45GW / 81GWh. Further, the supply of the Vanadium is less than its rising demand which the company claims that it has gone up more than 350%.
The company holds a large exploration target as per the JORC Compliant where the company has 11 exploration licenses within an area of 220km2. According to the Skåne Exploration Target, the lower range should result in producing V2O5 in between 0.5% to 0.8% by exploring 610Mt. The upper range should result in producing V2O5 in between 0.5% to 0.8% by examining 1,200Mt. As per the recent exploration, there was a thick and continuous layer of high-grade mineralization from the surface.
Further, the company shared an overview of the favorable metallurgy and its processing of Vanadium amongst the investors. The mining technique followed by the company is environmentally friendly. Another highlight was towards the active board of members and the management of the company.
The company consistently gave a negative performance since its inception. The performance of the company since its inception is -73.33%. The last 1-year performance of the company is -16.67%.
By the end of the trading on 10 December 2018, the shares of SVD traded flat on ASX. The open price, day’s lowest recorded price, and day’s highest price maintained a constant level. The last traded price of the share was A$0.020 with the stock holding a market capitalization of A$7.04 million.
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