company will be valued at 1-2% of resource value once they have completed indicated resource calculation and economic feasibility report this coming fall. $1.5 or better in stock price following standard metrics by industry; JV would kick share price even higher.
#1 key for URST: Top shelf management team
#2 lowest cost and highest potential volume of high grade vanadium in the world (still being explored, but early indications are VERY positive). Provides stable price to industry.
#3 key element, V is used for new class of steel alloys, and especially for emerging renewable energy (battery storage, etc, etc.)
The earthquake in Haiti and now in Chile will give even the common street vendor a sense of how important it is to construct buildings with high quality/alloy steels. V is one of the key elements for those alloys. glta