$6 dollars per pound Vanadium Pentoxide.
150 million tons and assume an average of .5%.
= 7.5 million tons of Vanadium.
1 ton = 2200lbs
6 x 7.5 x 1000000 x 2200
99,000x 1000000
99billion dollars
assume $4 to produce
we would have $ 33 billion dollars...US $,s
This is huge !!!!!!!
And if we are building Lighter battery powered cars we will need more vanadium...up will go the price.....
Ann: **anintha Mineral Resource , page-15
Add AVL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $111.3K | 7.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 28937019 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 14661652 | 28 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |