It's a push-pull equation, isn't it?
If the V price is too high, VFB's won't increase in popularity (damn, that is inconvenient unless you happen to be a mining junior with a big-ass deposit in a safe mining jurisdiction)....
But if the V price falls, VFB's become affordable, and so the volume of the V market demand will rise, and sales will rise (damn, that is inconvenient unless you happen to be a mining junior with a big-ass deposit in a safe mining jurisdiction)...
At the AGM, Vince was very clear: the biggest risk to this project is the price of Vanadium. If it stays at $32/pound, a lot of AVL shareholder will be rich. Spoiler alert: it won't. But IMHO that doesn't mean we still won't make some good returns....
DYOR - GLTAH
Vanadium Flow Batteries, page-5
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1.4¢ |
Change
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Mkt cap ! $120.8M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $43.22K | 2.925M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 25717844 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 3879109 | 11 |
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| AVL (ASX) Chart |