VR8 4.44% 4.3¢ vanadium resources limited

I'm not so sure they will deliver anything meaningful in the...

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    I'm not so sure they will deliver anything meaningful in the short term. That gant plot from last year suggested offtakes to be done by end of Q2 in CY23, but here we are 9 months later and they have the cheek to report just a single non-binding MOU for a third of their phase 1 output. Hardly a big deal, and they even go to the trouble of making an announcement via the ASX. It is totally underwhelming. We need the full offtake agreements in place to drive the SP upwards, so that they case raise funds without excessive dilution. But its just not happening.

    All IMHO, DYOR
 
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