Fezza, there are a few less-than-diligent journalists around who imagine that a billion-tonne orebody means a billion tonnes of vanadium. The portion of Balama drilled to date (totalling 1.15 billion tonnes) averages about 0.3% V2O5, while the richer zones (sufficient for the first two or three decades of mine life) are around 0.4%.
Not much point in proving up more ore at the moment, but, if the vanadium demand should go through the roof, as suggested, then Balama is likely to be in a good position to provide much of the needed supply.
Cheers, Prime1
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29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $307.4M |
Open | High | Low | Value | Volume |
30.5¢ | 31.0¢ | 29.0¢ | $720.3K | 2.441M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 224261 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 125553 | 5 |
View Market Depth
No. | Vol. | Price($) |
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1 | 90 | 0.320 |
3 | 5883 | 0.300 |
3 | 18451 | 0.295 |
7 | 102819 | 0.290 |
15 | 541074 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 7 | 1 |
0.295 | 5000 | 1 |
0.300 | 143953 | 7 |
0.305 | 143103 | 2 |
0.310 | 186568 | 8 |
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