Good to see TNO shining with good price action. The potential for Vanadium and the importance of grid storage is slowly coming to light. US and Korean firms are installing redox batteries at experimental and main grid locations . Once a few large scale projects are completed, there will be massive uptake of Vanadium redox batteries.
Anyway, the Vanadium alone will provide strong SP support for TNO. The prospects at Pilbara has just gone to secondary position now but would be additional booster. 1:10 split is still a possibility in a few months time.
TNO Price at posting:
98.5¢ Sentiment: Buy Disclosure: Held