Well well well.... if yesterday was the day the ASX woke up to what is happening to the Vanadium market, today it got out of bed!. Most participants saw a nice rise in their SP & yearly high volumes.
There were significant money flows into the sector & the 2 largest (TNG & AVL) came to life.
(Now before anyone has a crack for not specifying exactly each & every specification for these major players below, be mindful that everyone should each do their own research & that this is simply a summary to highlight their best attribute)
The main players on our market performed as follows:
KRC (largest resource on asx) - Flat at 1.3c (13m mkt cap with c.700k cash)
TMT (highest grade resource on asx) - up 4% to 27.5c (9.6m mkt cap with c.3.1m cash)
AVL (slightly inferior grade to TMT, but more advanced) - up 20% to 1.8c (25m mkt cap with c. 3m cash)
TNG (by far the closest to production) - up 10% to 16c (132m mkt cap with c. 6.8m cash)
Those new to Vanadium may find the below post of interest as I outline where it has come from, what it does & why the insatiable demand at the moment.
