Yeah I feel they have listed at the right time in terms of the vanadium market. In relation to the choppyness of the US market that could cause a few jitters and push people out but overall I feel the vanadium market will continue to gain traction over the next 6 months. Rebar changes are enforced next month so vanadium pricing over the next 12 months will be eyed. Hopefully the increased pricing doesn’t slow down VRFB growth.
Spot was up again yesterday to over $33 usd a pound.
QEM Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
