It may interest you that a company called Energy Metals (EME) has now turned its attention to Vanadium, not as a by product but a focus. They were primarily an Uranium hunter with proven resources in the NT.
This not a cross promotion but more so it highlights where this companies direction is now headed .. it's Vanadium whilst the Uranium prices are low.
More interesting is the structure of this company,with very large cash reserves, and where the direction it is now concentrating its efforts on... of course it's Vanadium as a by product of the Uranium beneficiation circuit. Now it's the other way around. Pay Particular attention at the mother ship behind it. There is a very close relationship in the Vanadium deposits .. both companies have Uranium and Vanadium albeit a different mineralising style.
You will have a very hard task buying any shares in it. You need to understand who's behind it and you might be surprised how long they have been in Australia and what licenses they hold.
Follow your nose and work it out yourself. Compare the background " National state partners" offering their services.
look at the last update and other announcements. I think POW is far more advanced with vertical integration , but I may be wrong.
Join the dots and take a close look at this link .. it may surprise you and look at the percentage stake they hold on their prime ground in the NT .. it's similar to POW's percentage with the Koreans.
Cheers
HR
No advice, it's your money not mine ... Just my views and free research.
POW Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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