GPN greater pacific gold limited

'In addition to the uranium, YRR holds over 37m tonnes of...

  1. this_is_it
    7,409 Posts.
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    04/01/07
    12:06
    Post #: 2038467
    'In addition to the uranium, YRR holds over 37m tonnes of Vanadium at 0.75% (JORC graded) = 283,000 tonnes of Vanadium. Do the sums at about US$6-8 per lb for V. 2,204 lbs per tonne.'

    So let me get this straight....

    US$6 x 2204 x 283,000 = US$3,742,392,000

    $3.7bill dollars US in vanadium and the company who owns 75% of this is sitting at $24mill marketcap (AUS)?

    Or have I calculated incorrecty?
    GPN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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