Yes, Vanadium price bottoming out. It's actually one of the key reasons why I first looked at SRN and other ASX V hopefuls. Stock piling has contributed to this, but now increased V flow batteries gaining momentum will change this. So I firmly believe that the V price will turn sharply. So I knew I was going to put my money in a ASX V miner, looked at all of them. Narrowed it down to SRN and VR8. Although both projects look very good I finally decided on SRN as Imo they are in a safer jurisdiction. The three other things that swayed my decision was their IRR, Low cost mining method and of course the Saudi connections. So even though a risk, I just could not ignore what the share price is on offer for.
SRN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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