Looks like all Vanadium hopefuls are following the same downtrend waiting for some decisive positive news in the sector. I still believe that our downtrend is also exacerbated by the large amount of option holders that still are searching for cash reserves in order to convert. there's still roughly 250m still not converted. I myself sold heads about 2 months ago for conversion, and at the time didn't expect S/P to continue downwards to where we are today. Lets hope the option holders that are left have their cash on hand or get it somewhere else otherwise I think we are going to see this pattern for another 3 weeks or so, unless we get a T/H with some assuring news on funding. I still believe AVL is at the front of the line when it comes to being seen as a future miner/producer of Vanadium, biproducts and VRFB.
On the positive the vanadium price is slowly moving out of it low of $7.20 to todays price of $7.60. Not much but maybe a trend to move higher.
Just my thoughts (and prayers) GD
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