https://www.vanadiumprice.com/25.5 a lb now. TMT and AVL woke up late last time the spot prices spiked. We started rising only after the prices reached a plateau, and AVL followed about 2 weeks later.
Anyone care to do the TMT's NPV at 25/lb? With 13 years, and 20? This cannot stay at these prices much longer, all we need is a spark..