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4.84% 5.9¢ vanadium resources limited

I would of thought they will need a collar price of circa $7.5...

  1. speccypunter
    180 Posts.
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    11/04/24
    09:46
    Post #: 73290084
    I would of thought they will need a collar price of circa $7.5 USD for the "Market price" in any offtake and no doubt have to offer up discounts above the $10 USD in return for collar. This will give the lenders a bit more comfort. Hard to negotiate the collar price around $7.5 high when V price is in the shitter.

    My key hope for the V price is the old adage, the cure for low prices, is low prices...

    Good luck longs
    VR8 Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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