AVL 6.67% 1.6¢ australian vanadium limited

Profit taking, page-53

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    The AEE resource is estimated at 7Mlb, which is somewhere near 3Mt. They quote grades of >1000ppm, but the issue is it is wrapped up with other minerals including U. So the resource is absolutely huge, but it depends whether the Swedes accept mining of U. Also I believe they are separating out that deposit as a separate company listed on other exchanges. AEE's final interest is purported to be 70% ish.
 
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