The above announcement means absolutely nothing until AVL puts an Opex Figure against what $$ its cost to produce the 99.4%
Under the Geraldton strategy the V205 costs was $6.83 to produce the V205 on its own at from memory 99.4%. (before the assumed $2.40 credit)
What is the additional cost to get it to 99.9%?? ($6.83 plus $X.XX)
Although heading in the right direction the AVL project before the merger is at the wrong end of the cost curve to get finance.
The Yarrabubba AVL+ pit and processing at GVP should significantly lower the opex cost per pound.
IMO
DYOR.
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- Ann: Achievement of Ultra-High Purity 99.9% Vanadium Product
The above announcement means absolutely nothing until AVL puts...
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