AXO
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re: trading halt It is time for a re-ratingThe vanadium price is...

  1. hetero
    66 Posts.
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    02/09/06
    12:15
    Post #: 1771686
    re: trading halt It is time for a re-rating

    The vanadium price is now rebounding through $US40/kg for ferrovanadium and $US8/lb for pentoxide.

    The south african Highveld is at only half production and a series of Russian acquistion in the sector is causing chaos in the security of supply.

    I have never seen it hold such strong prices for so long.

    All AXO need to operate are vanadium prices a quarter of current levels, which will knock out many of the other producers, leaving AXO as the only long term producer.

    AXO Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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