VR8 12.7% 4.8¢ vanadium resources limited

Ann: Change of Director's Interest Notice, page-10

  1. 450 Posts.
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    You know what, I only invest in above industry average concentrate grade mine. After the South Africa mine put into full production, none of the Australian mine will be developed. The Chinese company is highly likely developing a vanadium processing plant for Mapochs with TNO production in consideration. Who knows which company will go to production first.
    When you look at PFS and DFS, focus on the production ammount and construction cost. Compare these figure to the existing or past producer and you will see whether it is possible to be achieved. Did these company enlarge the production ammount to reduce the operation cost?
    Anyway after studing the adjacent mine of TNO (which was a iron focus mine) back to 2007. I feel very safe to invest in this stock.
 
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