The general demise of equity market sentiment, contraction in China, delayed project timelines, vanadium sector as a whole, the sharp contraction in vanadium prices as China moves into winter, stockpiling of vanadium as new rebar standards moved into effect.
I'd say they were a good few reasons for starters.
Good to see some interest here today. Probably the only ASX Vanadium company that will make production in the next 3 years so when V price moves north, we shall be in tow (hopefully).
TNO Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held