Date: June 24, 2019
Highlights:
- China weaponizes rare earth supply and Vanadium is the next big winner;
- Gibellini vanadium mine will be the first greenfield vanadium mine production coming on-stream in the middle of 2022;
- Gibellini vanadium mine is located in the heart of Nevada’s mining district, ranked by Fraser Institute as #1 mining jurisdiction in the world;
- Gibellini vanadium mine has exceptional economics with expected profit margin of about 50% at today’s vanadium price of $10 per lb;
- Prophecy is run by mine builders from Barrick, Klondex and McEwen Mining with a record of commissioning mines on schedule and under budget;
- The trigger for the vanadium price run-up is possible creation of national strategic stockpile in the USA;
- Prophecy’s stock is trading at bargain price now – Buy Low and Sell High!
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