OTCQX:FVANF - Post by User
Comment by
RetailSuckeron Nov 22, 2018 10:34am
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Post# 29009550
RE:RE:RE:RE:S/P should be higher
RE:RE:RE:RE:S/P should be higheralex7759 wrote: it's worth to read for all pusher here who calculate based on insitu value at $33:
https://katusaresearch.com/the-hottest-metal-in-the-world-right-now-vanadium/ here some quotes:
"Do not invest in any projects that are using anywhere near current spot prices in their economics. I specifically asked a large producer of vanadium if he could get an off take at $25 per pound, while vanadium was $32 per pound and he couldn’t lock in a hedge or off-take. So, if you are going to play a niche market like vanadium, make sure you are using say $15 per pound not the current $30+ per pound spot price. "
... be avare FVAN will have a break-even around 12-15$ lb possibly higher than V2O5 price in 5-6 years.
"Also, make sure you invest with a management team that not only understands the niche metal markets, but have direct success in the niche markets. Just because you know how to finance or build a mine, doesn’t mean you understand the complexities of the niche markets. Niche markets are very different than the large commodities such as copper or gold"
...enjoy your further investment in vanadium
... be avare FVAN will have a break-even around 12-15$ lb possibly higher than V2O5 price in 5-6 years. Correct me if I'm wrong, but this is your commentary. Not from the article. And you're also pulling this conclusion out of thin air. You don't know the break-even.