Share Tip: Ferro-Alloy Resources – Smithers marketing study opens up massive potential for this £25m company, with its shares exploding 130% – More to come? 

One of the best, if not the best, performer in the market yesterday was a tiny loss-making company – Ferro-Alloy Resources (LON:FAR). 

Its shares reacted to some very positive corporate news, rising throughout the day to close up over 120% higher at 5.16p, valuing the company at £24.9m. 

The company, which is a vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, announced an update on its carbon black substitute product following the completion of a new marketing study. 

The ore-resource at the Balasausqandiq deposit con...