Such a price correction in vanadium must start to bring the redox batteries back into the future demand side of the equation as well as some reality around who has low $$ capex projects that can actually stack up in such a volatile market, and those that don’t.
Banks, mining houses and investors will be shying away from the single commodity (V) players in favour of any diversified commodity producers.
At Speewah, KRR are targeting HPA, Titanium, Vanadium, Magnesium, Iron
With the 100’s of years potential mine life, lowest possible strip ratio, consistent disseminated mineralisation etc. If using a proven, well-established method of leaching technology, KRR’s Speewah project may very well appeal where those others will not.
A few links for people to look at while waiting:
https://www.mediastatements.wa.gov....-future-battery-industry-and-create-jobs.aspx
https://www.marketwatch.com/press-r...forecast-to-2025-2019-08-26?mod=mw_quote_news
https://www.aumanufacturing.com.au/...per-makes-stronger-3d-printed-titanium-alloys
The Board fully appreciates the frustration and disappointment expressed by shareholders with the delays in completing our PFS in 2019.
The change of project focus towards extracting HPA and the redesign of process route may delivervaluable improvements to project economics, and prove worthy of these delays.
Yes we are all frustrated but all we can do is either sell or hold until the PFS late March 2020 and be in the money.
My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
Conduct your own due diligence, consult a licensed financial advisor or broker before making any and all investment decisions. As usual all constructive criticism welcomed.Good luck to all that hold.
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1.1¢ |
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Mkt cap ! $16.81M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 1751415 | 1.0¢ |
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Price($) | Vol. | No. |
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23 | 7669360 | 0.009 |
19 | 27433817 | 0.008 |
5 | 3681378 | 0.007 |
8 | 8989696 | 0.006 |
Price($) | Vol. | No. |
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0.012 | 2833585 | 9 |
0.013 | 1679030 | 4 |
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