The V2O5 bulls are back We expect 2022 will be a year of...

The V2O5 bulls are back 

We expect 2022 will be a year of progress for Australian Vanadium. As well as the BFS, the company will be nailing down offtake agreements for the vanadium output – as of March 2022 it already has two Chinese offtake partners for the iron and titanium. Environmental approvals are pending for **anintha. And, importantly, Australian Vanadium will be working on burnishing its ESG credentials, with a particular focus on making the energy sources for **anintha and Tenindewa as renewable as possible. We might even see some exploration upside – Bryah Resources (ASX: BYH) is exploring on the **anintha leases for gold, copper, nickel and cobalt, and it’s reasonable to expect that company to ultimately piggyback off vanadium-related infrastructure if the right finds emerge. 

An important reason to look at Australian Vanadium right now is the price of the commodity. Back in early 2016 V205 was changing hands at between US$2 and US$3 a pound. By late 2018 it was over US$28 a pound. The Corona Crash took V205 down to US$6 a pound, but right now it’s showing every sign of repeating the 2016-2018 bull market, propelled most recently by a recent dearth of Russian product. The current price of around US$12 a pound makes the **anintha economics look very good indeed. Four stars.

from a investment site...not mine