Ann: TMT - Equity Research Note, page-2

This is brilliant - first the dual listing, now this!

Talk about lining up the ducks for the Maiden JORC release in a fortnight's time.

Further to this - there are many near term catalysts to re-rate the SP being:



The company is trying hard to attract LT investors who will sit on the register throughout the journey & they are making good headway as IMO the German listing will do wonders given they are all over the VRB space.

What was extremely interesting for me in the research report was the Supply/Demand dynamics. Now we know that the Vanadium market has been in deficit for 6 yrs, but the below stat is mind boggling & has astronomical impacts on future demand & hence the Va price!