Now that is very interesting to hear Winter. Why on earth would China, the largest producer and stockpiler of Vanadium be doing an offtake MOU with another company outside of China. There stock piling has is one of the reasons why the Vanadium price is down.
Why!!!!!! Why would they need more Vanadium. Unless!!!!!!they see something coming that the market isn't seeing. We all know that China is very much forward thinking, not today thinking. I agree, traction is starting and although we are not seeing it in the price as yet Imo it's coming sooner then later.
I think your right, this sort of news will bring more urgency from the Saudi's Imo.
Just read again the recent desk note about What's Next.
Talks about working on securing binding JV's with the two Saudi companies BUT NOT LIMITED TO
SRN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)