Member Info for loudspeaker

Sorry kingshott didn't look back far enough... Dam good report though.

It's looking good for Vanadium miners, especially those who hold the largest resources on the planet.
https://seekingalpha-com.cdn.ampproject.org/v/s/seekingalpha.com/amp/article/4409905-vanadium-miners-news-for-month-of-february-2021?amp_js_v=a6&_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=16145313667534&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fseekingalpha.com%2Farticle%2F4409905-vanadium-miners-news-for-month-of-february-2021

If this current rate of Vanadium price increases continue, and the evidence that it will is compelling, we will hit a FeV price of $45 per kg before the end of March.
SP Angel in their latest broker note estimates sales of 4455 MTV for 2021.
Any other revenue's coming from Eskom contracts, BE, Invinity, Enerox, Lemur sell off, or Mokopane OT's are just a bonus.

Sorry HaleSpur our posts crossed.

Reports on Largo last year were that their LOM on current V205 reserves was 8 years.
Expansion has been talked about, but at what lenght of time, grade cut off and at a what cost is unknown.

More snippets from Fastmarkets suggest V205 is going mental.

AEROSPACE MATERIALS MARKET REPORT 26/02: Good user demand, tight availability boost V2O5 price
An overview of the aerospace materials markets and their latest price moves..
https://www.metalbulletin.com/Article/3977229/Search-results/AEROSPACE-MATERIALS-MARKET-REPORT-2602-Good-user-demand-tight-availability-boost-V2O5-price.html

All that Fastmarkets are saying.

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 26/02: Tight prompt supply boosts V2O5 prices further
An overview of the specialty steel raw materials markets in Europe and their latest price moves.
https://www.metalbulletin.com/Article/3977180/Search-results/SPECIALTY-STEEL-RAW-MATERIALS-MARKET-REPORT-2602-Tight-prompt-supply-boosts-V2O5-prices-further.html

Fastmarkets have just released FeV and V205 price assessments.
Unfortunately they are restricting the information to premium members only for the time being.
I wonder why?

There was a call for a National I day strike yesterday in South Africa.
The MM's are using this to walk down the SP and gather more shares.
https://www.thesouthafrican.com/news/latest-updates-saftu-national-strike-wednesday-24-february-what-cities-affected/

The reports I'm getting from Western European metal exchanges is that traders are reluctant to sell because of exhausted inventories not being replenished until late March and are holding on to their stock for who blinks first, not much business has been done over the the last week,hence the stable price.
Just my own research.

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 February 24, 2021.
https://www.metalbulletin.com/Article/3976592/Search-results/Trade-log-Ferro-vanadium-basis-78-V-min-1st-grade-ddp-Western-Europe-kg-V.html

Sometimes late on Wednesday afternoons Fastmarkets release snippets from their trade logs

Taken from the ALBA bb this morning, they think too much talk and not enough walk destroys investor confidence

"It is very sad for the holders who got spiked at 50-60p.
RNS after RNS of empty talk has destroyed the SP . I am gutted."

With daily average FeV rises atm of 2.7% taking us over $35 per kg, every morning rise is boosting the company coffers by $4.45 million.
This will soon start snowballing into an avalanche.

The vanadium price is based on the FeV mid average price for the period, published by LMB for sales to Europe, CRU Ryan's Note ("CRU RN") for sales to the United States and Asian Metals for sales to Asia. Vametco realised price is based on the prior month's mid average price.

2021 tax year is 1 March 2020 – 28 February 2021.

Don't forget Lemur and a billion tonne iron ore jorc

Wow 65% Fe hits $200 per tonne, an all time high.
https://www.mining.com/iron-ore-price-bounces-back-on-strong-demand-and-shipment-doubts/

SteveG... the lastest Spangles broker note estimates sales of 4455 MTV for 2021

With today's Vanadium price rise in the US (by far our biggest customer) last weeks numbers were a FeV mid price of $34 per kg, the 2.78% rise puts the mid price to aprrox $35 per kg.
Look out for actual trade logs as the market heats up, as their is no stock in Europe until the the of March, Trader's will sell to the highest bidder,regardless of any spot price guidence.