130 Billion Dollar value - vanadium -titanium, page-5

Guys, what you say is true and it is a great position to be in - I mean, you cant progress to a mega mine and huge cash flow unless your first stepping stone is projects like ours. But there are more steps to take - metallurgy is one hurdle and getting off takes and capital is another.

Any step might be too much and we might fall face down in the mud - not ramping here but I think it is important that savvy investors have a balanced view.

I would rather say to you that with a market cap of $9m - about $0.5m cash available (please read the cash flow report in detail) - shares seemingly tightly held in a close knit group - progress being made on several fronts and well programed into the next quarter; the reward profile here is excellent while the risks are acceptable, even, might I say, low.

From the Q





Those snips refer to the V resource, not the potential exploration target - I particularly like the 683,000 tonnes of high grade which hopefully is easily accessable to mining.