RE:RE:RE:LPR, we need youLettinPoniesRun wrote: V Price unchanged this week on MB Euro.
LPR
Thank you LPR.
LettinPoniesRun wrote:
PS..Kha, I'm also wondering where the High Purity Sales are at price/volume wise,..
LPR
High Purity price / volume wise? Nobody knows.
According to the Q1-21 MD&A:
1) “In Q1 2021, the Company sold 2,783 tonnes of V2O5 equivalent. The Company delivered both standard grade and high purity V2O5 as well as ferrovanadium (“FeV”) to customers globally”, and
2) “During Q1 2021, the average price per lb of V2O5 in Europe was US$7.09... The average price at March 31, 2021 was approximately US$8.25…”
And yet it also said that the revenue per lb of V2O5 equivalent sold was merely US$6.49/lb (see chart below). So there is no way to know the details / breakdown at sales price / volume wise by standard grade, High Purity and FeV. As our sales mix was supposed to comprise both standard and High Purity grade as well as FeV I was very disappointed to learn that our sales price per lb of V2O5 equivalent delivered in Q1-21 (US$6.49) was even below the average price per lb of the standard Q1-21 Euro V2O5 by 8.6%. Or perhaps it was just me.
