"When comparing your other stock KRC to that of TNG, it's not exactly "glowing" to say their grades are similar. TNG's grades are tiny (average 0.3%) & aren't really economic unless the resource is of enormous size. TNG is lucky that they have a monster resource (poor grade, but monster volume) ... their EV is $110m though."
Fact on the ASX TNG is the market leader for Vanadium
Fact TNG have a market cap of about $120m or about 25 times that KRC
Fact TNGs deposit is similar grade so we know that those deposits at that grade work and KRCs deposit is about 40 times the size
See where the PLS comparison comes in
KRC trading 1/25th of the market leader for vanadium TNG with a deposit grading the same but about 30-40x the size
Does this mean I expect KRC to rocket monday or next week? no, but I am just highlighting some facts about the stock KRC with the biggest deposit and smallest market cap in the Vanadium space if you are bullish Vanadium
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