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35.0¢ technology metals australia limited

Vanadium price on the move, page-3

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teddie

449 Posts.

69

18/02/19

10:15

Post #: 37467639
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Originally posted by Selvan: ↑

BGL did a CR in Nov at 34c which was a discount to the SP. The SP is now 62c which is approx 90% higher.

The company is similar to TMT in that the price of the resource is increasing and they are both increasing their reserves, they also do not have production facilities yet.

TMT has an advantage in that the demand for vandium will increase due to the increase in EV production.

Vanadium also has an advantage over lithium in that Vanadium lasts a lot longer than lithium which makes it suitable for storing energy from solar/wind power plants and homes.

This is the resource of the future and TMT has heaps of it!!

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This is for the smart and strong...weak hands will view CR as a negative and hence inevitable pull back to placement price...the smart will observe the trajectory of China V price in the coming weeks and accumulate shares in anticipation of resource upgrade and potential off take agreements...what an opportunity!!

TMT Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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