VKA 0.00% 0.8¢ viking mines limited

Ann: VIKING ACHIEVES ROASTING SUCCESS AND 93.2% V2O5 RECOVERY, page-12

  1. 512 Posts.
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    I think its more a wider growth macro thing. Investment route is very narrow at the moment due to expensive credit so funds are sticking to euphoric trades where they know volume will remain and not going long on growth markets. Same thing across all metal juniors even lithium microcaps. We basically have 18 months of cash burn at the present cash burn rate for canegrass to be monetized and vanadium demand to occur, so its a double edged bet. And Iron ore / rebar decline aren't helping.
 
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