Also, the Vanadium flake price (V2O5) has dropped a little in recent weeks and whilst this is disappointing from the point of view of generating short term interest in Vanadium stocks from new investors, the drop in price actually helps the economics of the Vanadium battery industry (VRFB), so those companies can potentially increase their market share. It would actually be ideal for V developers like VR8 if the V2O5 stayed low whilst they were gearing up for production (so the VRFB market grew very rapidly), then the price skyrocket due to demand outpacing supply, just as the mine hit nameplate capacity.
All IMHO, DYOR
VR8 Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
