Yes - the big danger is that AXO will not get the money to exercise the option and buy the tenement. Once they have done that ... I think that PMA has problems. On the other hand they are re-commissioning the mine atm and may get a few years production in .... but I don't see how they can compete with AXO in the event that AXO get this up and running - everything from the location to the grade to the fact that AXO will be producing not just vanadium - that will simply be a side product - and could reflect 25% of world demand.
AXO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
