It's well know by the avandium market experts and has to be understood well that a price over $20/lb would make VRFB uneconomical. Ave. price of $15/lb is the best for that purpose and very profitable for the V producers.
Therefore it's good for vanadium producers that if the V price goes up they will sell less but make high profits, if the price go down they sell a lot and still make good profits as the VRFB will kick in.
Vanadium sector is the safest place to be in IMO.
TMT Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
