Chart, page-31

I must admit I am a bit pleasantly surprised on the uptick in SP even though the V price keeps falling. And reading that Terry Perles article has given me a glimmer of hope this might actually turn around. I am so looking forward to seeing a bottom to this v price fall. I am a bit concerned though if the DFS comes out with a headline figure of $13/lb and the actual price at that point in time is $8-$9, how will the market react.