VR8 2.44% 4.2¢ vanadium resources limited

V2O5 price has unfortunately halved, management have been doing...

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    V2O5 price has unfortunately halved, management have been doing pretty well otherwise IMO.

    I believe it was mentioned in a recent interview that they would be looking to finalise certain aspects of financing in the coming months.

    We have since had an MOU for off-take which they stated they were looking forward to converting to a binding deal.

    I'd say we still have a couple of quarters funding left and hopefully as also stated by John they can then bring on another strategic investor who has long term vision and will pay a premium for a slice.
 
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