RE:RE:Q2 FinancialsDrhoho wrote: Clipper, great format, very helpful at looking at Q2 and H1. With either steady or further V2O5 $US rise in Q3 and Q4 and production and sales at least even with Q2, I estimate that 2021 earnings will be ~$US1.00/share which should justify a P/E ratio of at least 16 or higher. If my best guess is correct or close, the big question is what LGO does with $US 60-75 million net cash increase.
I agree doc.
The average AsianMetals price of V2O5 for Q3 to date is USD 9.18 and the most recent V price is USD 9.80.
Each $1 increase in the price of V2O5 increases the Revenue by approx. USD 6.5m.
Looking good going forward.
GL