there is only so much vanadium in the world, page-4

Despite the dilutions (which by all accounts we appear to have seen the last of), the value of the vanadium alone is worth $s to each yrr share - just based on what the company has announced from their drilling.

All they need now is someone who will enter into an agreement with them to:
1. buy it
2. pay to drill deeper than 50 metres

with huge building activity continuing in China, and India won't be far behind, it's only a matter of time before someone finds this treasure.

The directors have indicated that they have been to China. For what purpose? IMO, probably the vanadium, but any presentation would surely have also included the highly prospective uranium tenements!

Are we close to seeing a deal? the present share price would indicate that it isn't any time soon. But, the directors may be just holding any information very close to their chest (as they should) - so as not to prejudice any negotiations.

I'm a long-term holder anyway; so I'm already set - ready for a market that will (eventually) prove very rewarding - even more so for those buying at 20 cents!

It doesn't even matter if the sp goes lower - the assets are in the company & WILL be recognised at some stage - maybe sooner than what one may think!