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clock Created with Sketch. 16/03/22
14:27
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Originally posted by bodeh:
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Looks we are heading into the perfect timing for our Vanadium project re that article ,this morning V205 is up again now at A$17.00 lb which based on previous OPEX published in August would give a net profit of A$8.34 lb for A$211 mil per year for 25 years ,HRZ share on current arrangement (25%) would give us A$52 mil. less any taxComing up is an update on the Richmond Vanadium project. This world class project is getting a lot of attention for its ability to supply global volumes of vanadium pentoxide flake to both the steel and, now more importantly, the larger grid scale battery market. Renewable energy is the key to the future and requires storage solutions to enable continuity of supply. The new generation vanadium redox flow batteries can achieve this. Also it should be noted that the current planning is only based on the Lilyvale tenement ,we also have Rothbury 1.2 bt and Manfred 75 mt although at a lower % V205.
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Would it be possible for you to post JP’s accompanying cover letter to yesterday’s announcement in full if you have the time. Mine bounced as my storage was full.
