Would like to see these even further in the money and holders to start exercising to boost the cash reserves.
I’d say this relates to an upgrade or more importantly a conversion into the better jorc cat which will support the SS and DSO.
I am still confident this is the best vanadium exposure on the ASX as the DSO option ensures they are not saddled with the capex and execution issues associated with their peers.
TNO Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
