Any technical commentary on the vanadium price and markets based off historicals has the potential to be rendered useless as huge infrastructure stimulus packages roll out globally. " Build,Build Build " said Boris as he announced a $9 billion infrastructure package in the UK. Trump has indicated a quantum spend to rival FDR after the great depression.....China will have to build to maintain growth and they are now a net importer of vanadium pentoxide....all that says 2021 will see iron ore prices rise as steel demand and output goes through the roof....vanadium will be in big demand.....and then we have VRB demand!
TMT Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held