VR8 4.55% 4.6¢ vanadium resources limited

Ann: Additional offtake MOU signed with major VFB producer, page-14

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  1. 237 Posts.
    lightbulb Created with Sketch. 70
    I think the concern over offtakes being to Chinese companies is overrated.
    The companies either pay for VR8's vanadium and take it, or not.
    If they do - all is good.
    If they don't and pull out after the mine has been financed, then the company finds another company to do an offtake deal with.
    This should be easier once the mine has progressed too as it gives more certainty around production.
    If they pulled out before financing, the company will need to find another deal. It would be a setback, but not fatal
 
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