I dont see price of vanadium staying down at USD $20 per lb for long, demand is at a bit of a low right now due to winter and construction activities being a reduced during this colder season, and as we all know vanadium and steel for construction are tightly coupled, also because it is now high value steel makers only buy and hold small quantities. so any increase in demand means prices will rise very rapidily. LT demand is still greater than supply so down trend will be short lived IMO.I dont have to punt right now as i am not holding. I see up to 2.1c this morning so maybe market disagrees with you too. will be interesting to see how an off take and finance agreement changes the sentiment.
I dont see price of vanadium staying down at USD $20 per lb for...
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