RE:RE:Vanadium sales per pound sold value Clipper2 wrote: jcw604 wrote:
Vanadium sales per pound sold1, 2 (US$) US$ 5.70. The above number is important because it tells us how much of a remeasurement can we expect for the next quarter. The lower this number is, the better the next quarter. For Q2, I noticed that this number is unexpectedly high, even higher than the MB average price and we have a big Q3 remeasurement. Can someone tell me if this number matches your expectations for the average price?
I can only say that I keep a record of the weekly MB prices and and at the end of each quarter I post on our bb the expected avg for the quarter. The number is usually off by only .01 to .03 at the most. The recent Q4-19 number was off by only .01. I think we can be fairly confident that the avg. V price for Q1-20 will be approx. 6.06 per pound
When the price of V is on the rise as in 2018 there was a revenue adjustment receivable (RAR) for every quarter for a total of 66.05m. in 2019 the V price declined throughout the year and as a result there was revenue adjustment payable (RAP) for each quarter,
and the total was almost 124m
Sorry, the 124m RAP was for the first 3 quarters.
RAP for Q4 was 13.5m for a total of approx. 137.5m.
It's ridiculous, since we don't know how it is calculated.