Ann: Pilot Plant Access to Fast Track Daejon Vanadium Project, page-5

Battery tech / IP likely to provide more excitement (with further developments) than actual mined Vanadium in the short/mid - term, provided the Vanadium VRFB hype continues into the end of the year/next. This despite the fact that I am aware the largest fundamental driver of increased V price is currently new Rebar standards in China.

Still looks superb for a punt at these levels, risk-reward seems skewed to me - at least while they still have sufficient cash in the bank.

Then again, I have been wrong before.

All IMO

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