RE:RE:RE:RE:RE:LPR, we need youTheturk12 wrote: Maybe Largo's sales team is selling V2O5 real cheap to gain market share??
Largo is known for the highest grade V deposits in the world. How difficult is that to gain market share?
My guess is that despite the top quality grade of our V products the majority of the 2,783T of V2O5 equivalent delivered in Q1-21 were sold as V2O5 standard Bulks (Bulk price = Standard spot price minus a quantity discount). Not much was sold even at standard spot prices. Not much was sold with a High Purity premium. Not much was sold as FeV. At least not enough to offset the quantity discount associated with Bulk prices.