There's no question we are in the doldrums. I would assign some cause to the depressed state of the Vanadium price which I think is being manipulated by China. I hope that once stockpiles are depleted demand will eventually move the price North. All vanadium miners are in the same boat so I'm not sure which "other Vanadium producers get on with it" you are referring to ?. Albeit it is harder to sell our story with the prices so at historical lows AVL has the benefit of a production date still out in the future and the demand will statistically come from a new technology source like VFB. Its hard to be positive ATM but lets hope for the Perfect Storm scenario in the not too distant future, because even our overheads are growing at a fast pace. AIMO GD
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Mkt cap ! $137.7M |
Open | High | Low | Value | Volume |
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21 | 4521286 | 0.014 |
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Price($) | Vol. | No. |
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MAGNUM MINING AND EXPLORATION LIMITED
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Neil Goodman
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