Member Info for eatstocks

My email to Andrea Hotter who a few of you must have seen on twitter on 28/04:
Hi Andrea,

I hope you do not mind me emailing you.

I followed and participated to a thread on twitter where you mentioned that the price Fe-V 70-80% V, in-warehouse Pittsburgh had been rising sharply (12/04/2022)
https://twitter.com/AndreaHotter/status/1513971210903765005?s=20&t=uWwaYl0FBIkPKYvK78GpIQ

I am not a commodity analyst but a PI with some investment in Vanadium plays and other miners. As I pointed out on the thread AsianMetal.com had been publishing a continuous drop all month. I emailed Asianmetal early this week explaining my concern concerning the disparity between their prices and those of fastmarkets and Argus, here is their reply from their Vanadium analyst:
[Email of Jambo posted Bellow]

Do you agree with this statement? Is your data still very different from what Jambo is stating above?

I appreciate and thank you in advance for your reply.

Best regards,

Her reply on the same day:

Good to hear from you, and I don’t mind you getting in touch at all. I am going to introduce you to Chris, my colleague in the USA who oversees pricing for this market and who will be able to give you a more informed and specific answer than I ever could!

Chris – there is a big discrepancy between our US vanadium pricing and that of Asian Metal. William has a query and you would definitely be the better person to help.

I’ll leave you to discuss separately.

Best,

Andrea

Asianmetal reply 27/04:

This is Jambo from Asian Metal, the analyst on Vanadium market. Nice to receive your Email and I’m glad to introduce any vanadium market questions to you.

In US, FeV 80%min prices include long-term agreement prices and spot market prices. Insiders should strictly separate and never confuse them in any time. Long-term agreement prices would be linked according to spot market prices in a certain formula determined by both the buyer and the supplier, they change slowly and don’t accurately reflect the current market situation. Asian Metal only repot spot market prices. That’s the biggest difference between us and other websites.

According to our research, one major FeV 80%min producer in Northeast America, they only refer to USD58/kg V in Warehouse Pittsburgh as a formula reference point and sell at no more than USD57/kg V to their downstream clients. One FeV 80%min trader in Northeast America, they import FeV 80%min from Europe by whole containers and sell in US spot market, they sell at USD61.7/kg V early this Month, which is their price peak and keeps dropping their prices so far according to the dropping tendency of European prices. On 21 April, they could at most close deal at USD56.5/kg V.

On 21 April, Asian Metal quotes USD56.5-57/kg V in Warehouse Pittsburgh, USD50-50.5/kg V in warehouse Rotterdam and USD47.5-48.5/kg V FOB China. Why do you say “While you rate in the lower 50s bracket”? Did you confirm that data on Asian Metal by yourself or just learnt from others? To today, China FOB prices further dropped to around USD45/kg V, Rotterdam prices further dropped to USD46/kg V and we are pretty sure that US spot market prices would keep moving down to no more than USD48/kg V soon, actually some traders in North America have already been discussing with their clients at this level now.

I wrote to Asianmetals and then to Fast markets to figure out why such a disparity between the prices they both quote. Their replies did not bring much answers but I thought Id share them here.

My first email to Asianmeatals:
To whom it may concern,

It has been brought to my attention that your data concerning Vanadium price especially for Ferro-Vanadium 80% in Warehouse Pittsburgh, do not reflect at all with those reported by the metal bulletin (FastMarkets) and Argus media who both quote about $73/kg on the 21st of April 2022. While you rate in the lower 50s bracket.

Could you please explain the disparity? Do you only account for Russian products sold in The USA?

Have you got access to the news where you live?

cat urine (pi*s is somehow not allowed...)

That's cat ****

You link doesn't work. But yes that was according to fidelity:
https://www.fidelity.co.uk/factsheet-data/factsheet/GG00B4TM3943-bushveld-minerals-ltd/profile

Just hit my first top-up. IMO won't go lower than 23p.

No it did not

IMO this is our first pullback. I set some buy orders close and around to 24p. Old all time low and Fib 61%. Will be my last buy and should lower my average to something more interesting

Why because you sold?

On Asianmetal if you hover your mouse over the products it tells you the origin. For fév 80% in USA, only Russian origin is accounted for which would explain the dramatic drop we are seeing on their website.
I have written to asianmetal today to ask for clarification.

What are u lot even talking about.

We are in a commodity bull market, we have a huge increase in production starting soon thanks to kiln3, potential contracts on VRFB, they are not selling!

If you buy a share hoping for the company to be bought move on, this is not the one.

Noticed something today. So apparently there is a huge disparity between the MetalBulleting's prices who apparently are around 75$/kg and asianmetal currently at 54$/kg (or around).
It seems Asianmetal only account for Russian imports to the US. Which would explain the disparity. Obviously before the conflict in Ukraine, Russia would have played on a level playing field with other exporters. However this is not the case anymore and obviously Russian products would be significantly discounted compared to the competition.

Picture here: https://twitter.com/wikipenny1/status/1517077376735322113?s=20&t=lxyr0G-YmnkV7jIJMJCTlw

They copy the asianmetal prices, which a few are now questioning as apparently the MetalBulletin is quoting V fev much higher for the US market.

Well you are optimistic I am aiming for something more conservative like 48.9p

We just hit moving averages on all major time frames. Looks like we had a breakout on the falling trend line. If we can rise and hold to 21.50, it will be seen as confirmation by many traders.

Disclaimer, this is complete speculation. But I wouldn't be surprised to see an after-hour reported trade here.

We are rising now on barely any volume. Best guess is big order being filled

Looking at your moronic post history, it would be great if you sold and jogged on to some other BB.