VR8 2.56% 3.8¢ vanadium resources limited

Anyone help me with my "rough as" numbers - serious question on...

  1. 49 Posts.
    Anyone help me with my "rough as" numbers - serious question on whether my methology is ok or faulty?
    Gives a share price of 39c if got to mining it ? can't be right ? with some conservative assumptions thrown in
    or is just too far in the future to make a stab at ?

    https://hotcopper.com.au/data/attachments/2497/2497973-1e3c999f5c947a24cb4d41c4cbe503a9.jpg
 
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