interesting

PMA's annual report claims they have the largest proven vanadium ore reserve of any deposit in the world.

I don't understand how the reporting system allows this.

PMA have reported 50.4 million tonnes at 0.489%

Yet I have just seen a "JORC" statement from Anglo American which claims that Highveld has a Proven Reserve of

21.9 million tonnes at 1.68%.

Isn't there more vanadium in Highveld reserve, by a large margin?

I smell a Cudeco in the making.