but Nose, long term price over 5 years is double the RDR cost. You cannot take the current price of anything and suggest it is an indication of future prices. That would make all the oil sands projects in Canada obsolete and numerous other commodities in a similar boat.
RDR have put gether a neat project that if executed well will provide a decent return to investors based on historic norms in the market. Should battery technology change and require more V then RDR will do extra well. However there is a cap on the Vanadium price. That being it is not that rare and should the price rise substantially, supply in the mid term would overwhelm the price.
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Last
8.9¢ |
Change
0.007(8.54%) |
Mkt cap ! $61.40M |
Open | High | Low | Value | Volume |
8.1¢ | 8.9¢ | 7.9¢ | $72.23K | 877.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 29000 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 7511 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 29000 | 0.085 |
3 | 154500 | 0.082 |
1 | 37067 | 0.080 |
3 | 71613 | 0.079 |
2 | 112900 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 7511 | 1 |
0.090 | 111111 | 1 |
0.091 | 12000 | 1 |
0.092 | 45306 | 1 |
0.095 | 205263 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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