151.5 m x 0.62% V2O5 = 939,300 tonnes
939,300 x 2,204 lbs = 2,070,217,200 lbs (yes over 2 billion lbs)
2 billion lbs x US$6 = $US12 billion
US$12 billion exchange rate of say 70c
= A$17.1 billion
This is massive, if it was a gold resource that shareprice would be 10 times this.
It is my understanding that some of the ore could be direct ship and some other company does the processing.
Ann: **anintha Mineral Resource , page-20
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