@gregsmall and others feeling a bit nervous about the SP.
Just a couple of thoughts. I understand. I'm currently in the red like quite a few holders.
- Australia is currently generating $0 tax dollars from Vanadium - because Australia currently exports 0 Vanadium.
- I imagine the federal government would love to have another export industry to tax, to reduce its $600+Billion dollar national debt.
- There are only 2 near term Vanadium producers on the ASX and they have quite a few differences. We know who they are. We are one of them.
One of them has
~3,000,000,000 SOIand the other has
~170,000,000 SOISo can you imagine when the Vanadium story starts to become more widespread, which SP is more likely to shoot through the roof?
Governments and policymakers will adjust levers and settings due to 3 thematics:
1. Infrastructure spend after Covid which means people in employment and economies picking up steam
2 VRFB innovation and uptake aligned with Net Zero policies around the world
3. TAXES back into govt coffers.
In my mind, it is not if this project gets up, it is when.
Ian P. has been ticking boxes all along, and IMO he tried to include the retail shareholders with him when he opened up the SPP, and we haven't really recovered momentum since. I imagine he'll learn from that decision. In the meantime V price has gone up, worldwide supply is going down, and an emerging renewable energy storage industry is being lifted by global tailwinds. I'm not selling a single share.
