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Should have said continues to drop although V in the US and China are still rising.

No change in the price of European FeV now for 3 weeks. Yet the SP drops. This is manipulative BS.

Trade log: Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V
The Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V trade log including business, bids and offers reported to Fastmarkets.

Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.

Fastmarkets assessed Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V at 33.70-34.70 on Wednesday March 10, 2021..
https://www.metalbulletin.com/Article/3978931/Search-results/Trade-log-Ferro-vanadium-basis-78-V-min-1st-grade-ddp-Western-Europe-kg-V.html

Chinese FeV 80% still over $36 per kg according to Argusmedia.com metals platform.

https://www.argusmedia.com/metals-platform/price/assessment/ferro-vanadium-80-v-fob-china-PA00144230000

Around the same time BMN were buying Vametco, Largo were in trouble taking on a shed load of debt refinancing just to stay in business and still had the Glencore millstone still hanging round their neck.
BMN announced its BE energy division over 3 ago years, as yet nothing of any value has materialised from it SP wise
Largo announced their Largo clean energy division a few months ago and the press were all over it like a tramp on chips, their SP has taken off leaving us way behind.
If they get the drop on us, there will be some serious finger pointing given we've had a 3 year head start.

It's a rookie mistake that even the so called" ahem" ( experts and analysts) make when they offer up a peer comparison with BMN and ramp it out on twitter
Largo report production in tonnes of V2O5 which is only 56% Vanadium by mass, and their costs are reported in dollars per lb.
BMN report production in actual MTV and their costs are reported in dollars per kg.

After metal bulletin released this teaser late on Friday, be interesting to get some numbers.

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 05/03: V2O5 up 9.2% on limited prompt inventories
An overview of the specialty steel raw materials markets in Europe and their latest price moves.
https://www.metalbulletin.com/Article/3978293/Search-results/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-0503-V2O5-up-92-on-limited-prompt-inventories.html

Been through all this before, when we first bought Vametco we used to dream of $36 per kg, at a much lower production then.
Shorter's are piggy backing Duferco selling out atm.but won't mirror it too much as they won't be confident when they're done.
The elastic band is nearly at breaking point, anyone who witnessed the Erongo sell off will understand what is soon going to happen here.

A big push next week backed by rapidly Vanadium price increases will burn those remaining shorts left open and put a stop to mates rates.

Argusmedia updated showing top end Chinese FeV 80% now fetching $36 per kg.

https://www.argusmedia.com/metals-platform/price/assessment/ferro-vanadium-80-v-fob-china-PA00144230000

Thanks to Raz who has responded to my screenshot with the following narrative.

Thx LS. And at that lowest point of around $20kg back in Oct 2019 the SP was 22.75p... we are now at $35kg so SP is way behind the curve. If you then factor in our sales increase, production increase, Invinity, Enerox etc this just demonstrates how ridiculously undervalued we are.. a massive rerate is on the cards..

I've posted a screenshot over on telegram.

SteveG, we sold less then 10% of FeV into China in 2019.
The European FeV price on 30th October 2019 was $20.. $21 per kg, the lowest price that I have ever recorded.

The trader's sniffing an opportunity to make dollar because of S&D will also contribute to the cause.
On AIM you have to be ahead of the herd not in it.

That's true SteveG but the rest of the world hasn't started up their economies yet.
These rises are just coming from China having first mover advantage, the VRFB pipeline uptake as supberly presented by Mogwhy will also accelerate the price increases.
But there's no denying that the fuse has been lit,we saw what happened in 2018.

Trade log: Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V
The Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V trade log including business, bids and offers reported to Fastmarkets.

Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.

Fastmarkets assessed Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V at 34.00-34.70...
https://www.metalbulletin.com/Article/3978119/Search-results/Trade-log-Ferro-vanadium-basis-78-V-min-1st-grade-ddp-Western-Europe-kg-V.html

For the last 9 years, apart from a 9 month period during 2018, a large seller has always controlled this SP. A lot it organisations have made a pile of money out of our growth story.
Unfortunately when you have to pay for acquisitions with shares at a discount that can easily be sold for profit this is what happens on the AIM market when volume dries up.
Shorting on the back of significant Vanadium price increases is taking the P**s. and shows just how easily manipulation is on this AIM cesspit market.

Podcast out

Argus metals platform updated from 1st March.

https://www.argusmedia.com/metals-platform/price/assessment/ferro-vanadium-80-v-fob-china-PA00144230000

Peeps shouldn't be taking too much notice of vanadium price. Com. it's a third party bot driven guide website. The below price logs are from Metal exchanges who actually sell the stuff and they are a week old now with further increases since.

https://www.argusmedia.com/metals-platform/price/assessment/ferro-vanadium-80-v-fob-china-PA00144230000

https://www.metalbulletin.com/Article/3976592/Search-results/Trade-log-Ferro-vanadium-basis-78-V-min-1st-grade-ddp-Western-Europe-kg-V.html.

https://www.argusmedia.com/metals-platform/price/assessment/ferro-vanadium-80-v-fob-china-PA00144230000