Forget about Australia, we are talking about nuclear, which is second only to Olympics globally in cost overruns.
Vanadium long term has averaged $12USD/lb and its demand is about to explode. Suddenly, a year of sub $5 prices (not due to structural change in the market like new primary producers) and suddenly everyone is lipping off about directors not buying shares (whilst they’ve been hosting commercially sensitive meetings with Shaw and Partners, working through the EPA appeal etc), how many shares you’d have to sell to buy an Icecream etc.
Sometime late next year or 2026, vanadium will have its moment in the sun.
AVL Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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