RE: ARC company update31 Jul 2019 18:01
Well Pdub, I was not being 'unfactful' .. you never mentioned the raise to 87p, I commented on what you stated, and pointing out the obvious that 15 months on we are still at that point (not that we were knocking 50p and fell back).
As for the Vanadium price, they actually used $45 for much of 2018 even though it has raised now. I suspect even they did not think it would fall as fast, but they certainly did feel it would fall a lot (or their model would have been updated).
Finally, I have always loved the 3-4 month to meet the target, but when they raised to 87p (and now 92p) I have to say that I did not feel it would be 2-4 months, more like 12-18.
Anyway, I am surprised they upped their target today (no need to really as its 300%+ from here), but I do not get the ARC report at all. Still a good raise from here, but what are each seeing the other one isn't.
Now hopefully we both agree that the cash figures ought to make more in the markets take a look !