RE: 201930 Jan 2019 11:37
Based on SP Angels guidance, my own share price model gives guidance of 67-75p for the year ahead, just for Vametco depending on realised production levels at an average PE ratio and assuming no rise from current V prices. That's my worst case scenario.
Add in the high likelihood of a rising vanadium price, value from Lemur, BE taking off via the Eskom project, Afritin production and the unveiling of the strategy for 10000 MTV and so on and you can easily see SP Angels target being met this year.