Your Math is a bit off! there are 2.2lb in a kg... and 1000kg in...

Your Math is a bit off!

there are 2.2lb in a kg... and 1000kg in 1 tonne.
so 2200lb's in 1 tonne

so the math should be:

$15 per lb x 2200lb = $33k per tonne

Nicanda hill is indicated at 1.44 billion tonnes with
*11.1% TGC (160m tonnes of graphite) and
*0.29% V2O5 (4.2 million tonnes of vanadium)

$33k per tonne x 4.2mill tonnes is $138 billion
over 25 years is $5.5 billion a year

bigger question is how much it will cost to get it out of the ground and if there is a market for that amount of vanadium.