Hi M as I had nothing else to do this Sunday thought I would play around with your figures to have a guess what this would mean in dollar terms , if I have it correct 384.6 tonnes for every 1000 tonnes of Vanadium containing ore that would equal 384,600 tonnes for every million tonnes of resource so resources at lilyvale is 670 million tonnes X 384,600 = 257,682,000 Tonnes of vanadium containing , if say 1.5% can be obtained that would give us 3,865,230 million tonnes of Vanadium LOM
at approx. $A 40,000 per tonne that would give a value before costs or credits for moly or oil (if any) of 15.5 billion LOM
Does this look feasible or have I got figures all wrong would be interested in any interminions views
Hi M as I had nothing else to do this Sunday thought I would...
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