RE: SP comparison to vanadium price22 Dec 2020 14:06
Agreed.
SP is basically playing catch up to the recent vanadium price rises, with a considerable lag I would say.
Even if V prices do not rise further, we should reach 20-25p.
However, if V prices continue to increase in the way we've seen to $40kgV in China, and $30kgV+ in Europe/US, we're looking at some seriously big rises to the Bushveld share price.
Because lets not forget it only costs us $18kgV to produce the vanadium being sold, and that production cost figure will fall as production continues to ramp up.