VR8 0.00% 4.5¢ vanadium resources limited

Would be nice to see directors buying on market as a vote of...

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    Would be nice to see directors buying on market as a vote of confidence in this project.

    After investing in lithium in 2019 before the bull run saw similar fall in spod pricing. There is a lag between new technology being implemented and raw material pricing. There have been a large number of new VRFB projects being announced mainly pilot projects acting as proof of concept. Through these trials the technology will improve further resulting in larger uptake at which point VRFB uptake will increase. The only risk I see is vanadium's price being largely tied to steel demand, as uptake increases hopefully see this reliance reduce dramatically.
 
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