3bt v2o5? am i reading right?

just reposting from trading thread

couldnt believe my eyes this morning? or my brain? :)

Can someone tell me if I am reading right?

so the Vanadium rally

TNG has 140mt @ 0.3-0.4% V2O5, targetting 500-700mt

YRR cant remember what they are


BRD is getting spikey out of nowhere


and I found SPM.

has 3.16 BILLION TONNE JORC V2O5 at 0.3%

yes you heard right billion tonne!


130m on issue after 17m placement

50m MC, almost 10m cash

am I missing something here?

what's the catch here?