would of been many similar negative posts back in 2017 when vanadium was $2lb, then 2018 people went on to make 5-6 bags? there seams to be this ideology that everyone here has to hold until the mine is producing and can't sell. the price won't stay $5 for very long around 60-70 percent of production would be marginal or underwater at these prices. after most extended price busts there is a Boom especially with the VRB market taking up supply in the background. if the V price booms so will AVL, it has every time in the last 4-5 years. yes it now has a lot more SOI, but only one place for serious money to flow and it's now a lot more advanced so can carry a larger valuation to reflect the stage they are at and the sector tailwinds
the same people who are negative now based on V price will likely be negative when the price is $12lb saying that the high prices won't last and don't matter because AVL isn't producing.
the way I see it there's at least 4 bags to be made from here on positive vanadium price backed up with some positive news flow. if you exit after 4 years of holding with 400 percent still a good return in my opinion but hopefully it's a lot more
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No. | Vol. | Price($) |
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28 | 10130253 | 0.013 |
26 | 6864148 | 0.012 |
11 | 4966023 | 0.011 |
17 | 7428350 | 0.010 |
Price($) | Vol. | No. |
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0.016 | 18499736 | 25 |
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