The V2O5 bulls are back
We expect 2022 will be a year of progress for Australian Vanadium. As well as the BFS, the company will be nailing down offtake agreements for the vanadium output – as of March 2022 it already has two Chinese offtake partners for the iron and titanium. Environmental approvals are pending for **anintha. And, importantly, Australian Vanadium will be working on burnishing its ESG credentials, with a particular focus on making the energy sources for **anintha and Tenindewa as renewable as possible. We might even see some exploration upside – Bryah Resources (ASX: BYH) is exploring on the **anintha leases for gold, copper, nickel and cobalt, and it’s reasonable to expect that company to ultimately piggyback off vanadium-related infrastructure if the right finds emerge.
from a investment site...not mine
An important reason to look at Australian Vanadium right now is the price of the commodity. Back in early 2016 V205 was changing hands at between US$2 and US$3 a pound. By late 2018 it was over US$28 a pound. The Corona Crash took V205 down to US$6 a pound, but right now it’s showing every sign of repeating the 2016-2018 bull market, propelled most recently by a recent dearth of Russian product. The current price of around US$12 a pound makes the **anintha economics look very good indeed. Four stars.
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