Within just 6 months Surefire will have a formal JV partner to develop Victory Bore and the vanadium processing facility in Saudi Arabia. And the new JV partner will invest in Surefire and hopefully introduce significant capex funding subsidies to help fund the establishment of operations. The team at Surefire are step by step de-risking this fantastic project.
In comparison to many proposals Surefire is moving at great pace and this has been aided by a very clever stategy devised by the Chairman and recently appointed MD Paul Burton.
Congrats to the Surefire team and looking forward to more announcements in the very near future.
Ann: SRN Signs MOU with Saudi Arabia Based AJLAN for VB Project, page-12
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