Not much conversation on this stock. Here is my comments to get things rolling. SVD has a market cap of 3M with tangible assets of just over 2M.
There is a resource of over 100 MT neat .4% vanadium. or 40kg per tonne.
The vanadium price is around $15 per kilo (in Australian). So the value of vanadium per kilo is $600 per tonne. So the nett value of vanadium is about $6B. The renumeration for Directors is high and concerning. The question is how much does it cost to mine the vanadium. I doubt that the return would be higher than 10%.
So is seems there is both considerable upside and risk.
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