Well it is much easier to think everything is doom and gloom on the downside (bottom?) of all time highs. I personally think as I have said before that the market doesn't know vanadium and a project pre DFS, funding, offtake is considered a big risk. Vandium price still hasn't cemented itself anywhere, so any speculators looking for a good project with good long term returns would still consider this too risky. Equals, lack of interest. But not to be fooled if this was any other metal, bace ir precious, with the expected DFS numbers, this would be pushing to go over $100m market cap, easy.
If this project starts to become reality, share price is a MASSIVELY different story. You can see what some positive sentiment does last year, and this project is worth a tonne more than what the market is valueing it at now...
It is wasy to see negatives clearly when the market suddenly wants nothing to do with Vanadium.
TMT Price at posting:
23.8¢ Sentiment: Buy Disclosure: Held