Vanadium news, page-82

V2O5 another 60c lower to $21.50 and despite this very high price, realistically plummeting.  One of a series of uncontrollables that sees us at an EV of $18m.

Money fleeing the sector has been enormous... short termers getting out of their 2018 fad ready for whatever their mate / broker / mother has tipped them for 2019... why wouldn't you when the commodity itself appears to be mirroring a trend of bad company news?

KRC spat up first, delaying a study longer than it reasonably could afford to before finally admitting capex was beyond what can be justified and going back to the drawing board.  AVL got found out doing too many things, manganese, uranium, batteries... not enough hard work on their genuine moneymaker.  Poorly set option terms worked against the company and perhaps 50% will be left uncalled.  Mastermines induced twitter traders dropping like flies.  Hype is fleeting.

Our little company has been dragged into this circus and the irrational, stupid but iron fisted market has pulled us down to this point.  From the outside investors perspective, just another bruised remnant of the 2018 Vanadium 'boom'.  The one that ended with the price falling to... a price still in the top 1% of all time.  Perspective is important, but it is still falling.  New to sector money won't flow till it stops.

Most of us are out of cash following the fall so price rises now will be driven by new and returning money.  Smart money, big money, sticky money.  That's what sees projects developed.  Fads, twitter pumps and hype goes even faster than it arrives.  Expectations of getting rich quick lead to decisions based on daily share price movements.  Better still, groups of people making decisions together based on this... based on nothing really...

Okay.  Now being officially in rant territory, back to the point.  Do we get an abatement from these daily V2O5 price falls soon?  Is this little bounce in our SP a genuine indicator?  I believe so, yes.  I'm pretty keen to get stuck into this coming year, to see where Vanadium heads and keen so see what this great team can do with the hard earned we've entrusted them.

Merry Christmas all, was an amazing 2018 but now it's time to step aside and let TMT through.

https://investingnews.com/daily/res...nvesting/vanadium-investing/vanadium-outlook/

Vanadium outlook 2019: Higher prices, smaller supply

After spiking to its 13-year high in November, the price of V2O5 flake used in energy storage has come down from roughly US$33 per pound to US$23.90. Ferrovanadium used in steel manufacturing also experienced a price drop and now sits at US$98 per kilogram.

However, insiders see the price decrease as a momentary hiccup, and expect the positive trajectory experienced in 2018 to continue.

“The expectation is that vanadium prices will continue to rise and the development of new mineral properties previously uneconomically viable will grow,” said CellCube’s Neylan. “Companies with high vanadium production costs will have difficulty if prices moderate or decline.”

This positive outlook was reiterated by Moore of Energy Fuels.

“We believe vanadium markets will remain strong in 2019 and 2020,” said Moore. “Today’s market strength is caused by significant production cuts, primarily in China, for environmental, health and safety reasons, along with significant increased demand, primarily due to new rebar standards in China that can only be met through increased use of vanadium.”

While producers remain optimistic that the price growth will stay the course, Roskill gave a more subdued outlook.

In fact, according to Bedder, price growth could negatively impact the VRFB sector.

“Roskill’s baseline forecasts suggest that demand from this sector may plateau for some years until vanadium supply increases and prices retreat,” he said.

While there are a number of vanadium projects at various levels of development around the world, meeting increased demand could prove harder than many anticipate.

“The key question for the market is how will supply increase to meet demand,” added Bedder. “There is only so much more material that can come from co-production in China, especially during a period of environmental inspections and steel industry consolidations.”

“We expect prices to remain high for some time — so it’s the perfect time to finance and develop a project,” he said