Thanks for keeping us informed Troy given vanadium price isn't the easiest to track or find where a new trend is forming.
I'm happy at the moment if it just holds steady and give us one less thing to be knocking the share price down. Of course a boost would be welcome... Where are all these new grid projects getting their electrolyte from, and where are those producers buying vanadium from? You have to think at some point it is going to make a dent in supply and it will be reflected in prices. Whether that is a sustained price increase or just a short term rise where several big batteries are coming online in the same timeframe.
It's definitely a fact that vrfb's are a new industry and will be creating new demand that wasn't present historically.
We'd like some of the long term demand projections to start becoming a reality though to give new mining projects some optimism and something to point at for big investors. It's not extremely exciting at the moment.
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