mate i don't own a producer i am speculating on future demand and what the price will be come 2025-2026 and there on, the average price of vanadium over the last 10 years inflation corrected Is actually >$11lb
low prices currently actually help the investment thesis meaning low prices are encouraging demand and allowing VRBs to gain traction and market share and expand there production facilities, Once VRB market develops producers will bring down costs and leasing models may develop which then makes them even more competitive and gain more market share
remember the diehards buying up LTR the year PLS and AJM nearly went out the back door. idiots weren't they, buying a lithium junior when lithium prices were low, years out from production how silly.
maybe do as you suggest wait until north of $11 lb then you can buy TMT shares for double or triple what they are today and we will see who's the silly one
