Vanadium Flow Batteries, page-5

It's a push-pull equation, isn't it?

If the V price is too high, VFB's won't increase in popularity (damn, that is inconvenient unless you happen to be a mining junior with a big-ass deposit in a safe mining jurisdiction)....

But if the V price falls, VFB's become affordable, and so the volume of the V market demand will rise, and sales will rise (damn, that is inconvenient unless you happen to be a mining junior with a big-ass deposit in a safe mining jurisdiction)...

At the AGM, Vince was very clear: the biggest risk to this project is the price of Vanadium. If it stays at $32/pound, a lot of AVL shareholder will be rich. Spoiler alert: it won't. But IMHO that doesn't mean we still won't make some good returns....

DYOR - GLTAH