Ann: Victory Bore Vanadium Project Drilling to Advance PFS, page-23

With an explorer issuing their V205 DFS things might start heating up

Figures stack well imo, no overblown estimates and plenty of room for increases in revenue with the price of Vanadium set to rise on supply squeeze.






With peak prices at US$35p lb - $9.50 is conservatitve for the next 25 years with supply squeeze ( similar to what happened with PLS - Lithium

Current sales in USD and conversion into AUD is a currency winner on its own but this may even out at some point - guessing this is why Yidby is currently being chased.





PLS DFS follows - notice 36 year mine life rather than 25 year estimate use case.



From PLS quaterly they managed close to 500mill revenue on price increases in lithium.
Vanadium should see increases on adoption of VRFBs
Giving me the idea that $20plb could be achieved.

Id like to see more of this in DFSs and carried out in other construction projects.




Would love to see an increase in grade percentages on current samples being assessed.

Victory bore seems to have far more infrastructure and far less governing risks also.

Great potential to unlock.




Timing is a hard one, guess this is why it pays to have multiple resources so te share price doesnt go stale.


All in all good for the sector.

Wish these guys well for their FID and hopefully they get producing and making the Vanadium dream a reality.