AVL australian vanadium limited

Ann: Substantial High Grade Vanadium Resource at **anintha, page-4

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    • The Mineral Resource includes a high grade zone of 11.3 Mt at
      1.1% vanadium pentoxide (V2O5) in Measured and Indicated Categories and points to strong potential for **anintha to enjoy low capital and operating costs
    11,300,000 x 1,000kg x 0.011 x $20 = Vanadium worth $2,48 bn less production cost

    AM I right ? looks good = they only want to mine 8,ooo t a year to make 160 m p.a.

    looks all good to me

    imo
 
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