that caveat should also include the evolution of the macro setting, including the nascent global awareness for VRFB’s, the post Covid supply chain US critical mineral status and significant global weather events leading to global governmental greenwashing.
Last time the V sector enjoyed the highs of 2018, it was based on Chinese steel demand and a false dawn of rebar V content standards. Not a lot of the wider confidence in the sector was born from appetite for anything but Chinese steel production.
imho there’s a lot more investor awareness in the sector right now and the timing is on point.
that caveat should also include the evolution of the macro...
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