Pokethebear

AUS Vanadium - High Strength Steel Investing

Long
Pokethebear Updated   
ASX:AVL   AUSTRALIAN VANADIUM LIMITED
Vanadium oxide/pentoxide is used to harden steel to make high strength steel for concrete reinforcement, automobiles (thinner gauge/light weighting), and aerospace engines, and things like submarines. AVL UUUU

This is micro/small cap mining stock that specializes in vanadium pentoxide, which for HSS used near 15-18% with iron and reduces corrosion as well.

V2O5 is not mined effeciently by many and China will need for infrastructure. It showed the climb last year and dipping at 618fibretracement entry. wait for it.

Can't see correction below 0.618, Fib min-max values.

Comment:
near 100% retracement and await seeing volume
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