PMA precious metals australia limited

a$1.37 - thanks to hotcopper, page-2

  1. 1,390 Posts.
    Vanadium prices have been falling, so no one really knows what the prices will be like when they finally start production.

    I would not be putting my money into this operation as vanadium can have huge price fluctuations.

    Can go from US$ 1.50 / lb up to US$22 / lb... If they start up when the price is at the bottom or close to it, then they will losing heaps of $$$$.

    Another point that I read recently is that they do not seem to realise that there is alot of secondary prodiction of Vanadium sourced from materials such as fly ash, boiler residues, spent catalysts, slags, etc.. They are hoping that these sources will disappear. DREAM ON !!!
 
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