As old quarterly pricing contracts expire they are getting much better pricing on the new contracts. Guidance is US$500 to US$580 per tonne. However, market is still in slight surplus so can't see any surprise on the upside - unless there is an update on Vandium Reserves or some positives from battery plant in Louisiana. Example, 1 or 2 customers likes the product and locks in a good size order. Have to also hope China keeps closing some of its graphite mines.
Good God with a 50 year mine life, now operating and producing, large Vanadium reserve, $500 million in equity already raised thus far, its market value is now only $440 million (@$1.10 cents per share). Surely if someone wanted to take it over, now is the time to do it. Shareholders just gotta hope is $2.50 or higher.
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27.3¢ |
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Mkt cap ! $282.0M |
Open | High | Low | Value | Volume |
27.0¢ | 27.5¢ | 26.5¢ | $449.2K | 1.660M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 159147 | 27.0¢ |
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Price($) | Vol. | No. |
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27.5¢ | 499753 | 29 |
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22 | 124153 | 0.270 |
24 | 726059 | 0.265 |
39 | 755788 | 0.260 |
21 | 549386 | 0.255 |
37 | 555354 | 0.250 |
Price($) | Vol. | No. |
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0.275 | 497448 | 28 |
0.280 | 709403 | 18 |
0.285 | 334252 | 9 |
0.290 | 231739 | 9 |
0.295 | 268914 | 7 |
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