Coiled Spring This is a coiled spring. VRFB grid storage in the age of massive private capital investment into energy infrastructure worldwide could significantly increase high purity V demand over time. This is the age of AI, and vanadium is one of the best sustainable grid storage metals that's fully recyclable. This is the age of sustainability, where V is repeatedly proving itself as a leader towards achieving a green economy. Whether V gains more demand from VRFB, non-VRFB, V carbon capture, solar panels, aerospace, chemicals, or steel, V will still be a critical metal going forward, and its price is likely going higher when the stars align, and that means quick debt repayment, profits, and probably share buybacks. V revenues combined with future ilmenite, titanium dioxide, and possibly PGMs could lead to an easy 10 bagger over the medium term. This is incredibly undervalued with a share price well below book value. The SP is being over-punished, and the LCE and Largo Physical Vanadium businesses are not priced in. To many, Largo is just a vanadium miner, but I have a feeling that investors will have to start pricing in LCE and LPV if the JV will Stryten goes through. While it's good to understand the earnings of yesterday for learning and historical purposes, there is much to look forward to, and that's what I like to focus on as a high performing investor.