@Boro76 market sentiment definitely a factor, I think TMT is holding up well considering this. Every time it looks to be breaking out the market has a stinker and we were slapped back down, but seem to be forming a good base.
I still think the big buyers need to see something tangible, such as a binding offtake agreement before they are convinced this vanadium story is real.
We are doing everything from our end to prove we can extract, process and make a healthy profit on our product, we just need someone to step up and say 'we want it, lock us in' and I am sure this will trigger a big re-rate, if market sentiment alone has not done this in the meantime.
I am always looking at the opportunity cost for having such an overweight holding in TMT, but there is literally no other opportunity with the same risk/reward profile that I can find...
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