AVL 6.25% 1.5¢ australian vanadium limited

Agree with that, for 50,000 tonnes of LCE, based on 1.2%(just a...

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  1. 351 Posts.
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    Agree with that, for 50,000 tonnes of LCE, based on 1.2%(just a guess) and 80% recovery, it will only require 2.5mt of resource. It is definitely not economic to mine a 2.5mt of resource.

    Of course, I'm not saying that the number is the maximum it goes. Since there was so little exploration done within the area, it is very hard to say anything right now, but makes it exciting for further exploration at the same time.
 
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