AVL 0.00% 1.4¢ australian vanadium limited

16m &12m at 69%TiO2

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    From the recent 10 hole assay results, anyone notice the super high grade TiO2% ?
    Ecxept the high V2O5
    GRC0162, 16m at 1.31% V2O5 from 12m;
    o GRC0163, 12m at 1.36% V
    2O5 from 36m;
    o GRC0165, 13m at 1.24% V
    2O5 from 77m;


    there are 16m at 69.08%TiO2;
      12m at 69.08%TiO2;
      18m at 59.58%TiO2
       9m at 65.%TiO2​
      7m at 71%TiO2
      8m at 76%TiO2
    13m at 64.66% TiO2
    17m at 57.4% TiO2
      34m at 49% TiO2
       .........................
    55%TiO2 are sold at USD $300-370/t at the moment, I wish YRR can source some DSO this time.


    "In April, TiO2 prices averaged $2,500/tonne CFR (cost and freight) Asia, about 40% lower compared with the record high set in the same month two years ago at $4,150/tonne CFR Asia, according to ICIS data."

    TiO2 price is still higher than Zinc, great to see YRR intersected up to 76%TiO2!

    http://www.icis.com/Articles/2015/0...-consolidation-may-prompt-price-recovery.html

    I work out average 40% TiO2 for first 10 hole, which is significantly higher than existing
    Inferred Mineral Resource1 of 125 Mt @ 0.70% V2O5, 8.64%TiO2, and 32.6% Fe
 
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