I don't think deals are the real issue at the moment. Unfortunately the Vanadium price is in a pretty strong down trend. And with currently still close to 90% of Vanadium going into steel production and the global economy cooling and particularly China likely to ease up on it's huge building boom over the last couple of decades (Due to a now slowing economy and the population peaking + property boom over as well) it might be a while before Vanadium demand actually rises depending on how much steel demand will suffer.
For the short term it looks a bit weak. For the mid to long term still very good.
But no point in rushing for VR8 to get to FID and getting actual funding while the price of Vanadium is low. Better to slow down till increased demand for VRFB's and increased Vanadium as a percentage of steel production start outweighing any drop in Steel demand.
- Forums
- ASX - By Stock
- VR8
- Vanadium - General/News thread
Vanadium - General/News thread, page-725
-
- There are more pages in this discussion • 327 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VR8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
-0.004(8.51%) |
Mkt cap ! $24.19M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.3¢ | $3.988K | 89.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4961 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 96656 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4961 | 0.043 |
1 | 22000 | 0.042 |
2 | 111000 | 0.041 |
2 | 275000 | 0.040 |
1 | 200000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 96656 | 1 |
0.049 | 52468 | 2 |
0.053 | 20289 | 2 |
0.054 | 253638 | 3 |
0.057 | 206264 | 1 |
Last trade - 15.44pm 28/10/2024 (20 minute delay) ? |
Featured News
VR8 (ASX) Chart |