The Triton MAy 18 release about fast tracking the Vanadium resource provided an estimate of the contained amount of V2O5 (4.22Mt) and the article in Mining provided a price per lb of $15-$19 over the next 2-3 years.
[/url]
Column 1 0 http://www.miningnews.net/energy-minerals-news/news/1315196/vanadium-metal-watch
Just looking at the "value " that this might work out at , I calculated (at $15/lb) that 1 Tonne of V2O5 is potentially worth $139 Million.. and growing!...
With 4.22 million tonnes (at present) that amounts to $589 Billion and if mined over 25 years is an average value of $23.5 Billion per annum....QED!
Not a bad return on investment if achievable..... No wonder there is some focus on the Vanadium!
The Triton MAy 18 release about fast tracking the Vanadium...
Add TON (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $21.85M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $6.327K | 479.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 317875 | 5 |
View Market Depth
| Last trade - 11.31am 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.3¢ |
Change
0.001 ( 7.14 %) |
||||
| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 150000 | ||
| Last updated 12.20pm 16/05/2024 ? | |||||
| TON (ASX) Chart |