Yes, although I sincerely believe that Mt Peake has a lot of potential I realise the price could still fall further because:
- there appears to be little understanding/support for the vanadium project; and
- even those who do believe in it may believe the lack of support is worth selling into so as to buy back later at a cheaper price
I think a good outline from management of how the project is to be financed would be a big help, but perhaps that is not possible until well into the feasibility exercise.
news coverage, page-9
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