Post by
Darkangel on May 12, 2021 12:57pm
Why not wait for numbers first. What's 10 million nothing
Not happy , Glencoe is going to screw Vone.At what price is vone selling iron and vanadium.They signed with Largo and screwed them with the numbers.Would receive vanadium at a certain day but than say they sold at a lower vanadium price , there lease ended last year.Glencore too big , they should have sold but no numbers.
Comment by
shawshank2 on May 12, 2021 1:02pm
What lease ended last year. And according to the news release vone is in the driver's seat for almost everything as far as pricing etc. If the make it to production this will be a 20$ stock but I'm thinking we see a sale in the next year or so
Comment by
shawshank2 on May 12, 2021 1:20pm
What lease ended last year. And according to the news release vone is in the driver's seat for almost everything as far as pricing etc. If the make it to production this will be a 20$ stock but I'm thinking we see a sale in the next year or so
Comment by
EricQC on May 12, 2021 7:28pm
Champion Iron (CIA) did sign an offtake agreement with Glencore before they restarted the production at the Bloom Lake mine that they acquired from Cliffs. Worked out pretty well for them. I do not see why such an offtake could not be beneficial to Vone as well. The fact management was able to partner with Glencore is a positive development for Vone in my opinion.
Comment by
shawshank2 on May 12, 2021 9:29pm
. I couldn't agree with you more I'm not sure how someone can complain about this. The details of the nr shows vone is still very much in the driver's seat for pricing. Also it is the biggest mining company in the world and we are a junior...this is essentially every juniors dream
Comment by
DarkGreen on May 12, 2021 11:18pm
Glencore treats their partners very good , now if this was Rio Tinto I would have concerns . In reguards to the share price its unfortunate that this NR came out on a day that the Dow dropped 700pts .