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https://twitter.com/firekat123/status/1518640315925729281?t=lsPl2TV38JqZsUg1u-yhGg&s=19

Angela Hotter from Fastmarkets was quoting US FeV at $72 per kg up until 21st April.
Asian Metals and certain others had prices were much lower.
Here is Argus Metals prices courtesy of a telegram member.
https://twitter.com/firekat123/status/1518634032942231552?t=ghaYyhYJ8BBafnMXc7qgQw&s=19

The Glencore Rhoven mine is in Rustenburg.
Try viewing satellite aerial views of the heap leach plant in operation at Vanchem instead of guessing.
You might even discover other Envex operations in South Africa.

You're welcome

Do some proper research and join the dots, investing on AIM is being ahead of the herd not in it.
https://www.xgrouptechnology.com/ipex
Clue.. Vanchem is in Witbank.

https://www.fastmarkets.com/insights/multi-billion-dollar-metal-markets-fork-as-russia-pursues-assault-on-ukraine
Russia’s largest single trading partner for ferro-alloys in 2021 was the US, which imported almost $500-million’s worth of the steelmaking raw materials, UN Comtrade figures show. This dwarfs that of other countries, where imports from Russia are still considerable. Europe’s two largest steel producers, Germany and Italy, for example, bought alloys worth $83 million and $22 million respectively. India bought alloys worth $46 million in 2021 and, in 2020, China $19 million.

The spreads between ferro-chrome prices in the US and Europe and prices in China have also ballooned out to multi-year highs. This has been driven in part by a slowdown in demand in China on its continued zero-Covid policy and increased domestic production, but it is reasonable to ask whether increasing availability of units from Russia also plays a role. China imports ferro-chrome, ferro-titanium and ferro-vanadium from Russia, though it is largely self-sufficient in ferro-silicon.

https://www.news24.com/fin24/economy/eskom-transnet-intervene-in-flooding-impact-as-durban-port-resumes-operation-20220413

https://twitter.com/firekat123/status/1514208135409545222?t=Vl_cpzWYkc5176OeYsI2CA&s=19

@LB21..Thanks for that information.

Author is quite specific that the US FeV price had increased by 2.24% since the end of March.
There seems to be a big disparity in Metal exchanges prices atm,.
Asian Metals showing it trending negatively,all metal exchanges differ somewhat but having it trending in the opposite direction is a strange one.

Asian Metals
Ferro-vanadium 80%min In warehouse Pittsburgh
Fri 1 Apr 0.00% 61.50 62.00
Sat 2 Apr -2.43% 60.00 60.50
Wed 6 Apr 0.00% 60.00 60.50
Thu 7 Apr 0.00% 60.00 60.50
Fri 8 Apr 0.00% 60.00 60.50.
Mon 11 Apr -0.83% 59.50 60.00
Tue 12 Apr 0.00% 59.50 60.00
Wed 13 Apr 0.00% 59.50 60.00

It seems that a thread has been taken down including one of my posts, so I will reiterate.
FeV in the USA one of our biggest customer's in recent years is fetching $59.75 per kg. and has only weakened $2 per kg so far this month.

https://twitter.com/BigBiteNow/status/1513779710404272129?t=8HpQEL6CY1VSvjRRkOdXbg&s=19

https://youtu.be/u4VBYKP69qw
Envex corporate video.

https://www.xgrouptechnology.com/ipex

https://www.xgrouptechnology.com/envex-1

https://audioboom.com/posts/8063386-john-meyer-discusses-the-effects-of-inflation-on-commodities-plus-bluerock-keras-rambler-bush

BMN from 15.25

Russian vanadium exports will be disrupted.

https://twitter.com/firekat123/status/1512163847842455559?t=V67efp5W8jS7N8mTnph-qQ&s=19

Just the mining side.
Estimated sales of 4500mtv for this year.
All in costs 2022 including capex, royalties, one of payments, milk tea and sugar etc. $36 per kg, EBITDA approx $27 per kg.
FeV price so far this year currently averaging approx $50 per kg.
If you don't understand what these facts equate to, best forget about investing, it's not for you.

https://twitter.com/BigBiteNow/status/1511649090186235904?s=20&t=ThthKES64s5r8cETb40q1Q

Agreed that it is, but in these troubled times and uncertainties, keeping hold of cash is perhaps a sensible way to go.

https://twitter.com/firekat123/status/1511585550179971074?t=gzOY0A6h_HMvMaZDRD28Bg&s=19