RE:RE:RE:RE:Multi bagger x 10 SP potential before Sept 23 rd 2024 Your questions and red flag are certainly legitimate and for these reasons, the stock price is stagnating.
The market is waiting for a sales announcement. When it happens, it will go crazy upwards and it's not the 400k action wall that will stop it. It will be purchased with just one click. I can't believe that insiders, investors, the Quebec government and Prima decided to invest millions to throw it out the window. Vanadium is supposed to be 10x more efficient than Lithium but I am not an expert. Northvolt invests billion in Quebec for a new facility producing batteries.
Who will be the famous buyer for Vanadium? No idea to be honest. But the global market for Vanadium is growing.
The past red flag are done but what is the actual situation for VRB?
1. The factory is built
2. The equipment is received, installed and ready for production.
3. The first production has been produced
4. The annual production capacity has been defined.
5. What is left.......
Well as mentionned with your questions, SALES and customers annoucement.
They probably had to work on this detail before starting to invest millions, I guess. Is it possible that the first production is being analyzed and the contract is in its final refinements? Who knows.
One thing you have to admit, If sale announcement happens, those who sold by analyzing past mistakes will have regretted it by not seeing the current situation. The train will be living the station without them and will be very difficult to grab available shares.