where is the pfs??????, page-48

Importantly Its how much vanadium is in the concentrate that matters. (which then goes onto the power intensive phase) Obviously there are tonnages to factor with lower head grades.

Feasibility will have to consider all of the costs, But even if you have a higher head grade, which is in the overall rock tonnage, how much of it is retained in the magnetic concentrate, and how much of it is discarded as waste.

You might have two deposits, one with 0.7% and another with 1% head grade, and there is no garantee which will get a higher magnetic concentrate, if one or the other has difficulties in separating the vanadium from whole rock, into mag con., and waste.

So then its also about mineralogy, and simplicity of extraction. which one has weathered or unweathered magnetite.

i was referring to another stock that i post on, with many projects, one with insitu grades around 0.7% and historic mining at 0.9%, and has unweathered. DYOR.