RVT 3.03% 32.0¢ richmond vanadium technology limited

RVT General Discussion, page-36

  1. 2,929 Posts.
    lightbulb Created with Sketch. 737
    It's returning to IPO price, its certainly not sustainable but the shift is nothing to write home about. As mentioned the register is tight, see volumes. If you can push the share price down and shake out some shares at a lower cost, you're topping up at a severe discount. It appears to be a straightforward operation with governmental support. As also mentioned there is news pending end of next month so we have a stake in a vanadium battery company which will be taking our off-take to produce vanadium batteries while also procuring a stake in their company so the self-interest in progression is being laid in quite nicely. The large Chinese investment is likely due to risk mitigation from local China reserves due to geopolitical turmoil. So diversifying into a US-friendly exporter of the stuff is a desirable move. Not to mention the Chinese capability in Vanadium due to having the largest known reserves in the world.

    My largest concerns in the company are addressed here:


    We're in capable hands. And hands that will need to get this off the ground.
 
watchlist Created with Sketch. Add RVT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.