Q4 CC Transcript
Carlos De Alba
32:49 And then in terms of the reference price, maybe I'm mistaken, but I was under the impression that the realized -- Largo's realized price was more -- it was more linked to the Chinese price, which is slightly below $11 rather than the European price that you keep talking that is about -- above $12. So maybe if you could clarify that, that would be great.
Paulo Misk
….I'd like to pass to Paul Vollant to talk about the vanadium price and regarding the Chinese or European market. How do you see this -- the impact on Largo?
Paul Vollant
38:44 Yes. Sorry, Carlos. It's a good question and as you know, forecasts are the most difficult, but we can say that we will expect elevated prices for the remaining of the year. The supply shortage that we've seen in the vanadium market has still throughout 2021. It was something new that we can [Indiscernible] and that steel prices by class. The current situation in Eastern Europe as activating [Indiscernible] that we were already -- and just can if I can complement what Paulo said, [Indiscernible] of pay at company level as to what I think you would expect for [Indiscernible]?
WTF! Paul Vollant could not even provide a straight answer to a simple and legitimate question from a financial analyst. That speaks volumes about PV’s untrustworthy character.