1. V prices falling everywhere, but this commodity doesn't trade...

1. V prices falling everywhere, but this commodity doesn't trade transparently. It is hard to know what is really happening outside of what is on open market. VFBs are hitting the market

2. AVL investors aren't invested for the V price and V demand in 2024. Yes, important for financing, but I think NAIF, ARENA, banks, offtake partners etc. are smart enough to know that it won't be like this forever.

3. You've just called the whole sector zombie stocks when the commodity price is at multi-year lows haha. LGO are a success story.

4. China are pushing the V price down, that is true, however they use everything they currently produce, with little hope of bringing more online. Their economy is in expansion too (outside of property which is what hits the headlines). Look up the VFB story there. Basically, it is impossible that they can be the only producers, they can't even produce enough for themselves, let alone the rest of the world.