Hi Bodeh,
Some big numbers in there! From the 3,865,230 tonnes of Va metal content in the ore, times the A$40,000/t, I get $154.6B of revenue. After the concentration stage there will be the downstream processing (acid leaching?) to produce a high quality V2O5, so there will be some metallurgical recoveries to apply, say 94% (KRC had 94.6% in their Feb 2012 met testwork results for an indicative 94% purity V2O5 - which they have increased to >99% purity of late). The other thing to note is there will be a conversion factor of Resources to Reserves, but in the case of our Richmond package and the large nature of the deposits, would think will be a very high conversion in the high 90's, with ore loss and dilution modifying parameters quite low.
Cheers, Maximus. IMHO.
PS - https://stocknessmonster.com/ is a good simple website I find useful to do research on ASX listed companies, particularly old releases which you can search by year (where I found the older KRC reports). A little less clunky than some of the other platforms.
- Forums
- ASX - By Stock
- Ann: Positive metallurgical results from Richmond Vanadium Projec
Hi Bodeh, Some big numbers in there! From the 3,865,230 tonnes...
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HRZ (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.74M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.1¢ | $638 | 15.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 116453 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 131047 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 116453 | 0.041 |
4 | 390000 | 0.040 |
1 | 14864 | 0.037 |
3 | 164000 | 0.036 |
1 | 30000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 131047 | 2 |
0.045 | 293534 | 1 |
0.046 | 80206 | 2 |
0.049 | 20000 | 1 |
0.050 | 100000 | 1 |
Last trade - 13.19pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
4.1¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
4.1¢ | 4.1¢ | 4.1¢ | 20875 | ||
Last updated 11.42am 14/06/2024 ? |
Featured News
HRZ (ASX) Chart |