At Least Glen core have deep pockets. Lock in 100% Production at $15.00 per pound and leave it at that.
In 5 years there will be so much vanadium production it will probs be in the $5.00-$10.00 range.
That leaves TMT valued at $2 billion valuation....with a 100 percent guarantee.
Leave out the 99.7% premium stuff for spot market and we take the profits from the higher grade stuff.
Glencore can have everything else
Similar to Largo
At Least Glen core have deep pockets. Lock in 100% Production at...
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