High Iron Ore price works in our favour. Spot IO price almost...

High Iron Ore price works in our favour. Spot IO price almost $80.

But I think the main driver of Vanadium stocks (that is the factor that will make it multibag) is if
VRBs start taking off. The price of V needs to come down to $12/pound (and stay there) to 
make VRBs viable.

TMT's share price didnt appreciate when the V price went to $33 (in fact it declined). Just 
goes to show you where the focus for investors in V stocks is.

Hopefully spot V price comes off a bit and consolidates. V for steel is important but I think imho
the market thinks that the current miners of Vanadium and a couple of others coming into production soon,
will fill that gap.

but of course DYOR