RE:Largo Resources a BUYTo be fair, the V price outlook was a lot more positive then. I think it’s time to accept that MS is biased and hanging on to a theory that isn’t supported by what we are actually seeing.
If there was virtually no vanadium, prices wouldn’t be where it is. The fact is, there is sufficient vanadium to meet demand.
Also, there won’t be 20M a month being generated at $13
Also, we are now closer to more supply coming on-board with the new stone cold permits issued. I fear $17 is gone and we need to start dealing with what is real so we can figure out a new target. The targets of $4 might hold but anything above that is coming down. I now think $4 given how LGO seems to be perceived is VERY generous.
i think $3 more realistic