If the V price is too high, VFB's won't increase in popularity (damn, that is inconvenient unless you happen to be a mining junior with a big-ass deposit in a safe mining jurisdiction)....
But if the V price falls, VFB's become affordable, and so the volume of the V market demand will rise, and sales will rise (damn, that is inconvenient unless you happen to be a mining junior with a big-ass deposit in a safe mining jurisdiction)...
At the AGM, Vince was very clear: the biggest risk to this project is the price of Vanadium. If it stays at $32/pound, a lot of AVL shareholder will be rich. Spoiler alert: it won't. But IMHO that doesn't mean we still won't make some good returns....
DYOR - GLTAH
AVL Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
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