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Top 20 - Jason Paterson, Shaun Factor and Tolga...small interest...

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TraderNin

3,767 Posts.

13

14/01/18

19:29

Post #: 30293936
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Originally posted by TraderNin ↑

STTCOMP POW, FA Long

SOI: 256M
Cash: ~$2M
SP: 2.4c
EV: ~$4M

POW has shifted their focus to vanadium over the last few months and their aims over the next 6 months are to 1) upgrade current vanadium resource to JORC 2012 standards and 2) establish viable processing methodology to maximise recovery of vanadium.

Their average exploration target size is 80Mt @ 0.3% V for about 540m Mlbs.

Given the recent rise of the vanadium pentoxide price and stocks like AVL, KRC, TMT showing good interests last week, POW represents a good ST trading opportunity.

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Top 20 - Jason Paterson, Shaun Factor and Tolga...small interest though...
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