18.500T x 2204 LBS = 40.774.000 LBS of Vanadium x $9 per lbs = $366.966.000 USD revenue per annum from the Vanadium only!
At a production cost of $3.06 as per PFS it would leave around $240Milion USD gross profit per annum at $9 USD/LB prices...
And there is the potential for extra income from IO/Titanium/Aluminum and their JV and patents.
And you can buy in for just over $30M AUD at the moment.
Sounds pretty good to me!
Ann: Update on DFS progress and ESG Initiatives, page-16
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Last
4.8¢ |
Change
-0.007(12.7%) |
Mkt cap ! $27.00M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.1¢ | 4.8¢ | $3.782K | 75.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 212513 | 4 |
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| Last trade - 14.20pm 19/07/2024 (20 minute delay) ? |
| VR8 (ASX) Chart |