Yes, I would expect that as well. Here we are at 53c (2.30pm Monday) with a market cap of under $100 million. The value of just the high quality Fluorite is well over $1 billion, and there is the vanadium and other minerals not even included at this stage.
I see a real risk that one of the larger players will offer a takeover at say 30c and pick up a huge number of shares!! When we were just "vanadium" BHP and RIO might not have been interested - but now we are a serious multiple resource contender. Also, there could be real overseas interest.
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- Ann: Tivan Upgrades Resource Estimate - Speewah Flourite Project
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