Yes I'm aware of the differences. One can only assume they have done their calculations based on V2O5, as they seemed to calculate the value in their October update on V2O5 as below, which showed the value at $151b.
So based on 77c rate, my calcs get to AUD $147b , which is the closest anyone's gotten to the number they previously came out with.
Now unless you know whether they mean V or V2O5, feel free to sit in the wings behind a keyboard offering zero input into the conversation and tout 'DYOR' rather than actually trying to share any research. Oh wait...
Yes I'm aware of the differences. One can only assume they have...
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