VR8

2.27%

4.5¢ vanadium resources limited

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06/05/23

18:25

Post #: 67641505
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Originally posted by Scarpa: ↑

The below is IMO IMO IMO

I feel this company will be the next vanadium producer, however, at this stage still need vanadium prices to increase, albeit even at current prices VR8 is till viable to enter production based on the DFS itself. I still struggle to understand why vanadium prices have not increased more fully to reflect vanadium's likely emerging role in large scale battery storage. The DFS here was sound - refer following post for my view at the time on the DFS at https://hotcopper.com.au/posts/64023391/single

The post you are linking is still where I feel VR8 can make significant improvements through METs to increase mass recovery - read major upside IMO here IMO - noting the fact that VR8 is potentially a low cost producer anyway. Refer https://hotcopper.com.au/posts/61577999/single

Returning to your questions, increasing their stake to 86.49% is a good thing. To the question of the Strategic Placement at a premium and proving 40% offtake to Zhejiang - too me having Chinese participation is always concern and regardless of whether it was done at a premium or not having Chinese entities on the register is probably not great. The offtake is fine given it is 40% of product, meaning Europe/USA needs to get its act together to get the other 60%. Just goes to show that USA/European companies are always going to be behind the 8 ball in getting a renewable sector up because they are not risk takers, and why the Chinese continue to hold captive that market (from EVs to other renewable technologies) and all the Europeans/USA companies can do is whinge. I am with @dbd25 on this one and agree with their post at

This post is a bit old, but one thing that has constantly confused me about vanadium is that its predominant use is in the steel market, and yet with the supposed stronger Chinese rebar standards I am surprised that prices haven't gone up. This is either because China hasn't really been enforcing those standards (which I suspect but may do as more construction issues evolve there) or niobium is putting a floor on prices because of the substitution effect - explained inPost #:45496906

For the record, I will be buying back in but sold earlier this year to buy another stock. Just waiting to see when this vanadium market is finally going to turn.All IMO

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Hi Scarpa, thanks as always for your informative posts. I have been holding vr8 for a while and I am quite shocked that we’re not sitting over 10 cents, but as is always the way, Rome wasn’t built in a day. Are you able to post the best link which shows vanadium spot price.

VR8 Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Last 4.5¢		Change 0.001(2.27%)		Mkt cap ! $25.31M

Open	High	Low	Value	Volume
4.3¢	4.5¢	4.3¢	$13.45K	311.2K

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No.	Vol.	Price($)
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1	25000	0.040
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1	855000	0.035
1	15000	0.034

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0.045	57003	1
0.048	630227	1
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0.055	2862	1
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VIDEO: VR8 gives update on Steelpoortdrift development, page-311

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