RE: FeV Mid Price Rises to $99.5020 Sep 2018 09:00
I think it's important to remember Fortune and Mikhail's projections re:VRFB take up and relationship to production coming online from the 101. We are talking about extremely high prices for a relatively small window in the grand scheme of things. Although potentially a great window of increasing profitability for shareholders here, this is a 10-20 year shift, if not even longer, by which time more mines will be open and prices will find more of a balance, particularly if leasing really comes to the fore. Aura Energy still won't be mining, but others certainly will. We can get a bit short termist here in the furore of current pricing, but this is a long term play for the energy markets and we should remember that.