VR8 5.41% 3.9¢ vanadium resources limited

Ann: VR8 declares maiden ore reserve for SPD project, page-7

  1. 424 Posts.
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    What I quite like about the price creeping up of V per pound (Currently at $9.20) is that is it should:

    a. have a disproportionally positive impact on the likelihood of this mine receiving funding.

    b. proves or brings some weight to their research on market economics in the PFS.

    If the price can be sustained at, around, of over $9.30 per pound for the next 9 months, that should be very good for investors and ROI on investment.

    I am in two main stocks at the moment, this one and a tin one. Even though Tin price booming the upside to company cashflow is proportionate to the share-price. Here we should have significant upside potential with unrealised value.

    Should be an interesting year ahead!
    Last edited by samkeil: 21/07/21
 
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