If Largo go bust, a shortage of V products would probably...

If Largo go bust, a shortage of V products would probably follow, and the V prices would head upwards. Prices might even spike. But the damage would be done, and the financiers would see V developers as too risky, despite higher V prices. What you need is the Lithium story to play out for Vanadium. A bunch of Lithium miners making big money, a whole bunch of developers tring to get into production asap to take advantage of those high prices, and plenty of willing financiers. There's plenty of money and interest in Li developers, look at AZS, it's running red hot. Largo going bust is going to send completely the wrong message - that V mining is uneconomical and risky - even the best V miners can go bust in a downtown in metal prices. As far as TMT/AVL are concerned, they are both langusihing in red tape, never seem to be close to reaching FID. Too many iterations of plan A, plan B, plan C whilst spikes in the Vanadium price come and go.

All IMHO, DYOR