@woody low iron ore price is actually good for vanadium prices. means low grade Chinese vanadium bearing magnetite doesn't get processed cause the high grade Aussie stuff is cheap with no vanadium in it.
high iron ore price means co-producers at max output.
see average price in 2018 when V skyrocketed.
@LD99 South Africa on the verge of being a failed state. the CEO of ESKOM poisoned for calling out rife corruption yet you think commercial banks are gonna fund VR8... Bushveld will be out the door soon enough, all looking good for tier 1 jurisdiction deposits.