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
- HRZ
- Ann: Positive metallurgical results from Richmond Vanadium Projec
Ann: Positive metallurgical results from Richmond Vanadium Projec, page-112
-
- 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
(20min delay)
|
|||||
Last
5.4¢ |
Change
0.005(10.2%) |
Mkt cap ! $36.45M |
Open | High | Low | Value | Volume |
5.2¢ | 5.4¢ | 5.2¢ | $13.43K | 249.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125652 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 52379 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 125652 | 0.053 |
5 | 150301 | 0.050 |
3 | 120556 | 0.049 |
1 | 84187 | 0.048 |
3 | 221111 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 52379 | 3 |
0.056 | 448965 | 3 |
0.057 | 50000 | 1 |
0.058 | 44222 | 1 |
0.059 | 104356 | 2 |
Last trade - 11.51am 27/05/2024 (20 minute delay) ? |
|
|||||
Last
5.4¢ |
  |
Change
0.005 ( 10.2 %) |
|||
Open | High | Low | Volume | ||
5.4¢ | 5.4¢ | 5.4¢ | 143579 | ||
Last updated 11.47am 27/05/2024 ? |
Featured News
HRZ (ASX) Chart |