RE: Vanadium prices2 Jul 2018 15:40
We also don't know the MO of BMN and SPA at the moment regarding the share price. What's to say with all the JSX talk that Bushveld wouldn't want the JSX move to happen with a share price not too far off where we are now. They will want their SA investors to have exposure to the significant upside we all are. SP Angel will know full well what the V price looks like for the rest of the year. Unless a new mine no one knows about is coming along tomorrow, the deficit is what it is. I think there is more to it than just a slovenly pace in their recognition of the current environment. JM is always careful to talk a great game whilst being conservative in his valuation.