What I don’t understand is people are happy to pay 10-15 million on a shell with a newly acquired vanadium project thinking it looks cheap compared to TMT or AVL
I mean you have TMT sitting there at 35million market cap staring them in the face that actually has a absolute genuine chance at becoming the next vanadium mine
I mean with heindsight imagine u had KDR or AJM Or PLS that you know have a genuine project
@pfs stage sitting at 35 million market cap and Instead of buying them you risk your hard earned dough putting it in specs with <10 mill caps thinking you make a few quick bags cause they are cheap, when you can actually still buy one of the vanadium sector leaders for under 35 million
Getting in any of the best lithium stocks under 50 million would be considered an absolute steal with heinsight
I mean I can understand punting on the next vanadium prospects if the sector leaders were 300-400 million!
TMTs market cap even at these levels after the recent run is absolutely ground level in the scheme of things if it gets to production! It’s still so damn cheap there’s the potential to make many bags in such a short period.
I honestly don’t see the appeal in punting on Vanadium specs when the sector leaders are still under 50-100 million if you include the neighbour
