AVL 6.67% 1.6¢ australian vanadium limited

the facts, and you should research more widelythe state...

  1. 99 Posts.
    the facts, and you should research more widely

    the state government originally put in more than 30m of funds to help build the mine in the first place.

    amongst the infrastructure provided was a gas pipeline and power station.

    when the mine shut, the power station was removed, as it was still costing the state utility millions in interest and had to be sold.

    pma have orderd new gas turbine power generation facilities, but recently announced they have no gas supply contract. this means diesel may have to be used - not very cost effective is it?

    the kiln needs something to burn to process the vanadium, there is no gas supply contract so now what?

    mass recovery of concentrate from the ore as interpreted from the recent announcment amounts to about 25 %. The competitors in south africa recover about 90% mass of concentrate.

    the grade is 0.4, the mapochs mine in south africa is about 1.6.

    south africa uses coal, its cheap and theres plenty of it.

    so please explain how the windimurra operation will be the lowest cost producer without the use of smoke and mirrors or reference to the original corrupted enquiry into its closure.







 
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