Vanteck (vrb-cdnx, vttcf) Message Board

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Technology Stocks : Vanteck (vrb-cdnx, vttcf)

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To: AuBug who wrote (282)	4/4/2006 12:12:16 PM
From: thaidiamond	of 413

The estimates for the Telcom market are approx. $4 Billion. Given that the current technology in place, lead acid based batteries have an average life of 4 to 5 years, if you divide that $4B by say 4.5 you get some $888 million per annum. This is roughly in line with Hennessey's recent statement that the Telcom market is over $800 million per annum. BTW, these figures are only for N. America and Europe. They don't include cellphone crazy Asia or other 'outposts'. One could argue that they're very much on the conservative side. It's not hard to imagine VRB-ESS gaining a significant market share. Not only is VRB's tech 'greener' is just makes commercial sense as the flow batteries have a much long life, very low maintenance and better response times. The only disadvantage, is that the vanadium-based battery is significantly heavier, but I doubt this is any real drawback within this sector. Just 10% of this market will bring in HUGE revenues to the company. And Europe has already mandated the phase out of lead acid batteries by 2010. I also pinch myself to remember that the Telcom arena is just one segment that the VRB-ESS is targeting.

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