Ann: Placement to Accelerate Vanadium Resource Upgrade Work, page-7

Why is Vanadium important?

Vanadium is used to strengthen steel and in a new generation of batteries, which advocates say have advantages over lithium batteries in terms of grid storage.

Vanadium prices have soared to their highest in nearly nine years due to shortages created by China's anti-pollution drive, which has meant the country importing the steel ingredient to meet its needs.

Usd$12.70 per pound as at 25 Jan 2018 and climbing.

Why POW,

https://www.asx.com.au/asxpdf/20130716/pdf/42h2cdg31ldxjx.pdf

Daemon is fully drilled for 36,000 meters of diamond drilling with all core samples stored from back in 1980’s. Of the 229 drill cores in storage, 26 have been inspected.

Indications of consistent mineralization thought the entire ore body. Being 10km strike and open at depth.

Results consistent and comparable to stand alone Vanadium projects around the world.
Plus add uranium credits.

This thing is going to rock and roll. If the predrilled drill holes are consistent, which all indications suggest it should, this stocks going to multibag quickly.

CPS are loaded and ready to bag. The 2.5c placement that was today announced,  we ended up with a 3.3c close, and closed of its highs. I wonder why. Not much guessing here in my mind.