Paul Burtom makes a very good point that the new vanadium extraction process will more than likely lead to high purity vanadium electrolyte production for VRFB's. This will make the VRFB electrolye extremely greem with low carbon emissions and very low impurities.
It is a long time since I have seen a triple benefit in a new mining proposal but here we have it with the SRN Victory Bore Project.
1. PFS with a NPV10 at A$2billion
2. Potential JV partner to help establish low cost offshore processing
3. New vanadium+titanium process with significantly better extraction grades and SRN owns the IP.
As Big Kev yelled at the end of his tv ad's for cleaning products - " i'm excited!!!!!!! "
GLTAH and well done Paul Burton for the update.
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SRN Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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