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02/07/18
19:03
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Originally posted by BCJ
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Yep I reckon the post PFS sell off should have rid us of any near term sellers/nervous holders. Has been a nice run to 48c since, however I wont be convinced of a breakout until we hit 60c+. MC approx $30M, there are still explorers is hyped up resources with larger MCs, fair value as we stand (PFS in hand, no offtakes or finance arrangement in place) IMO is $75M
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Some were hoping to sell into the PFS announcement but instead they lost their balls the moment she retraced and they dumped. But why sell? Look at the vanadium price. This is fundamentally undervalued.
Article worth a read below
https://investorintel.com/sectors/t...ot-sector-right-now-but-can-it-be-maintained/