If VR8 get listed on the LSE, they will be in the same investment space as one of the main Vanadium miners Bushveld. If you read this morning's ann from VR8, you will see that they refer to a DFS production target of 12.500tpa of V2O5 flake. Bushveld had a production of 8,400tpa of V2O5 in Sept 2020, so VR8's target is 50% higher. There's absolutely no doubt that VR8 are aiming to become a major player as a primary Vanadium producer.
All IMHO, DYOR
Ann: Update on DFS progress and ESG Initiatives, page-7
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