Thanks V. I didn’t attempt to come up with OPEX / CAPEX figures or try and calculate margins. Often the numbers get factored in as “vanadium credits” against an overall opex figure. I also used a JORC that is several years old ( equating to about 166kt or 0.166mt of contained vanadium ).
In today’s announcement we’ve been told 0.28Mt of contained vanadium or 280kt. My figures are based on 166kt so good for a conservative figure on additional revenues.
Ann: Outstanding drilling results from Montepuez graphite project, page-26
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