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09/05/08
17:10
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You guys really have no idea.
The V price you talk about has no real connection to the V in the Ground.
IGV is usually in the form of V2O5 and not FeV as many wrongly believe it to be.
Firstly the V2O5 must be extracted from the ore which is very costly.
Secondly the V2O5 then has to be converted to FeV which again is very costly.
Until you sort all of this out you cannot even get close to the real value.
I do hold, but not for the V, onyl for the hype in the SP.
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