The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I remember the rerate 2 years ago, went from about where we are now to 49p in 2 days it was truly amazing at the time, feels like the same again is not far away and we are now a far better positioned company, I feel good times are ahead........
Interesting footnote on the Asian Metals page that Chinese ferrovanadium suppliers hold back from selling, I imagine with daily rises that they don’t want to sell at this level, this will only push the price higher, good news
Vanadium up again across the board, this is constant everyday rises, this is fundamentally what I believe will give us the rerate and the sp we all think we should be at, that along with a nice Eskom tender win..........
To me it’s the vanadium price moving up that’s the key, this underlines all the other investments and is what took us to 47p. We are now way more than just a miner, but like oil companies moving into renewables, you will always have your core business. V moves up our sp will follow.