KRR 16.7% 1.0¢ king river resources limited

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  1. 2,558 Posts.
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    One of those good luck stories really!  Vanadium was overpriced at $30 USD for the VRFB industry so was holding up further development in this area.

    With a price for V back lower it brings in considerable demand from VRFB and creates a stable industry.

    Even TB was wanting the V price lower so demand goes up significantly.  

    Not the theory you normally hear of when price of the commodity is linked to your SP.  Just plenty of profit at a lower price but with a higher demand apparently.


    Yak52


    .

 
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