VR8 2.00% 4.9¢ vanadium resources limited

Ann: Trading Halt, page-14

  1. 130 Posts.
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    Found the note for estimated DFS costs taken from the April 22nd Pit shell optimisation RNS as below:
    *Initial cost estimates to complete the Feasibility Study (FS) are expected to range between USD$3m and USD$4m.*
    I expect some of these costs to come from the $2M recent placing. So hopefully the Strategic investor will not take too large a %age in exchange for their support. Roll on Monday...
 
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