TMT technology metals australia limited
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Ann: Merger Presentation, page-617

  1. dbd25
    7,306 Posts.
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    23/10/23
    16:44
    Post #: 70489435
    Vanadium prices continue to decline - vanadiumprice.com is again showing both the European and Chinese pricing for 98% V2O5. They are now down to US$6.20/lb and US$5.05/lb, respectively. I don't see how any new Vanadium mines can be financially viable at these prices, and perhaps nor are Largo and Bushveld. I think the road ahead for the Vanadium sector is unclear. Maybe TMT management have realised this too.

    All IMHO, DYOR
    TMT Price at posting: 24.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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