stock analysisHere is the reason one should aquire as much as possible at this level.If you look at the 43-101 PR, it tells you the amount of V2O5 Energizer has in pounds delineated so far in 25% of the trend. That number is 891 million pounds (proven).
Current trading price for V2O5 is ~$7/lb. $7 x 890 million = $6.23 billion worth of V2O5 in the ground. Now put a very conservative discount on that of 95% and you have $311.5 million. Divide that by the outstanding shares of 110.5 million and you get a stock price of $2.81.Ok now tell me what I am missing here.??Remember V205 prices are expected to rise.
Steel consumption is growing rapidly along with battery storage for Solar and wind projects around the world especially in developing countries.V205 could easily double by next year making this an excellent investment.