Richmond Vanadium is changing the rules with a low-cost innovative recovery process

I wasn't able to update the charts this week due to my absence in WA, but I get the feeling that the suggested short term bottoming of the market indicated last week is holding up quite well. Certainly, the strength in New York on Friday night augers well for the coming week.

This week there is some commentary on news flow and a more detailed column on the Richmond Vanadium IPO that looks quite interesting. In the last two weeks I have seen about 40 companies in conferences, giving me plenty to think about. When time permits I will add comments on some of these in subsequent Weeklies.

I mentioned Richmond Vanadium (RVT) recently as an interesting new vanadium play that was coming up for an IPO. I noted that vanadium plays in Australia have been hard work and they always seemed to be behind the 8-ball when being compared to the well-established vanadium sector in South Africa. However, Richmond has an oxidised orebody with an innovative process route. The prospectus is full of interesting technical information.
 

 WeeklyComm22October2022.pdf