RE: Vanadium Up5 Jun 2019 07:50
The simple facts are that production is up and rising, vanadium prices are rising, we complete on Vanchem within two months, the quality and scale of our Brits resources have increased, we have the maximum stake we can have in Vametco, Mokopane will be online in 11 months so the license is due, BE is about as well positioned as it possibly could be, energy storage is growing exponentially, SA wants renewables, the JSE listing is coming soon, ATM is producing, Lemur is increasing in value as the project is furthered and surprisingly global warming isn't slowing down.
The turnaround here is coming. Yes there is and will be some jostling for the best entry point, but much of the recent SP activity is simply about people and institutions competing to get in at the best price with the most shares, not out.