I believe it’s the 20th of September. The timing as I mentioned before is impeccable with timing for Chinese rebar standards coming into play in November.
I predicted that vanadium spot will again start to rise as Chinese buyers return to the market after a flat 3 weeks. Spot began to rise again late last week.
The recent sell down for Australian vanadium peers such as KRC, AVL, TMT will all be short lived in my opinion. Wouldnt be surprised to see them spike in the coming week or weeks as Chinese buyers continue to grab what available vanadium they can.
This all means little for QEM but it brings positive sentiment back for vanadium stocks and QEM will definitely get noticed having only a 20 million fully diluted market cap with 5 million at bank.
QEM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
