Yes that is good news.
Downward pressure is just whats needed to make the likes of
TNG - 0.27%
American Vanadium - 0.28%
King River Copper - 0.30%
Syrah Resources - 0.38%
vanadium Corp - 0.42%
Atlantic Metals (already stuffed)- 0.47%
With resources deemed as insignificant (ie: below a paltry 0.50 %) fall by the wayside and leave it to the grade powerhouses of Yellow Rock, Largo and Bushveld to come to the fore.
Much the same way as the falling iron ore price has all but rendered low grade magnetite deposits un-profitable and
placed the focus of demand on high grade Hematite.
Excellent news, this will weed out the weak!!
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