Ann: Acquisition of Wiluna Calcine Tailings Gold , page-9

re: Ann: IRC: Acquisition of Wiluna Calcine T... irc hasn't got a webpage, MR runs it a bit like a private company. atleast he is not milking it for fees etc like most other MD's. you can get a pretty good understanding by reading the last couple of quarterlies, i think they have about 7mill cash atm(now jinka sale is settled) + 5 mill$ rwd shares. the vanadium deposit could be one of/ if not the biggest in the world, location is good, grade is good, shallow etc. only doubt in my mind is the process of separating the moly from the vanadium. that's why i would be really interested in your thoughts.

if irc develop successfully the process to treat these types of ore/tailings they have just acquired from axm, how wide spread could this be applied on an australian/global scale?

arv's board, maybe incompetent in the sense of not working in shareholders best interests but competently looking after their own. i don't even know what was posted on hc that caused the thread to be shut down, i mentioned the disappearing 10% a couple of times, but i don't think it was that. so you are probably right.