As for Vanadium, just Lake Maitland only has 14m lbs of Vanadium @$8.80lb that's $123m but that doesn't include 2 things:
1. Wiluna 90mlb U3 resource also has a yet unmeasured Vanadium resource which could/should be much larger than that given the massive size of Wiluna.
2. In 2019, Vanadium price was $28lb and fell to $6 which hurt TOE along side a crap U3 price but now both rising and Vanadium steadily back to $9lb and expected to go higher if one reads predictions as Next Gen EV Instant Charge Flow batteries use Vanadium not Lithium, so as Lith prices rose, Vanadium fell but now it could be the other way around ?? Sure looks that way to me... thoughts ??
I'll think I hold on to my TOES longer than I thought.
3.3c resistance will be a challenge....or not....
Toro Energy could finally be coming into its own.
5c = 200m mkt cap with well over $4.2bn in reserves.
10c = $400m mkt for the same reserves....
Hardly a stretch. Look at Novonix $5bn mky cap and no U3 or Vanadium battery reserves, no customers .....
Perhaps phishyrube should complain about SP rises over there or Brainchip or PLS or anything that had moved more than 1/4 of 1c with $4bn in reserves.
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