focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
“Bullish set up..... towards top of rising trend channel above 50p”
https://twitter.com/sharetalknews/status/1352238633693097986?s=21
Great series of posts today by BBN on Twitter about the current and future market dynamics around Vanadium.
If you haven’t already seen these, I suggest they are well worth a read.
https://twitter.com/bigbitenow/status/1351830514957766657?s=21
Coming at it from another angle, Largo peaked at around $4.4 in November 2018. Today’s Largo SP at $1.8 represents a price 60% below all time high.
BMN peaked around the same time at approximately 50p. An SP of 60% below all time high is 20p - i.e. where we sit today.
Very simplistic but just playing with percentages and not taking into account all the different variables.
Having said that my my own financial model suggests that if V prices keep ticking up through $35, I expected the SP to move up through 30p. This could happen over the next couple of weeks - fingers crossed!
GLA
More positive news - It’s becoming difficult to keep up with these daily prices rises!
Appreciate we are supplying a number of products to a number of regions. The general consensus is prices are around $30/kg, but is anyone (Loudspeaker?) able to clarify the current approximate price for FeV for China and Europe?
Sanchez - could there be some large selling in the background that will be revealed later?
I know from my own experience it was NT for almost all of the full hour of trading, so there appears to be something unexplained as I was expecting the price to move north with the general busying pressure today.. I have had 5 separate buys now today totalling 52k between 21.35 and 21.50.
GLA
A further £60k added to the pot.
https://www.lse.co.uk/rns/POW/exercise-of-warrants-6vw7em1r00n1u42.html