Not sure why anyone would be concerned at this point.. I would guess we go back into a consolidation phase, just as we did in the early .20's, only higher now obviously, awaiting further developments.
As it was then, despite all manner of good news, the SP went nowhere.. all up until hype hit the vanadium sector as the fin. Media got hold of the story and pumped it and hence greater exposure caused increase in SP.
That seems to be the rule in pre-rev specs, so I'm content to sit tight and wait for the next wave of hype - could be sparked by another spike in V prices or a vocal proponent for the space, praising the future potential.
Other more concrete catalysts would be potential off-takes or funding arrangements as others have mentioned.
Until then, boxes being checked in a timely manner.. happy to wait.
All IMO
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