Ann: Vanadium Recovery Cost Study, page-8

Yes only just read it I couldn’t open it until it was realised on this page do you guys have early access?
If we are in the lowest cost quartile and still the maths are tight that seems rather odd to me, with war and Putin threats I’d imagine no insurance will cover for the new plant being blown to bits ( god forbid ) and at over $300m usd it’s not cheap.
I need to get some sleep as it’s almost midnight here so leave you guys to it, worth a google at vanadium spot price per pound against or production cost at approx $4. 3 multiply the difference by the annual produced what number do we get?
Reads like they need more cost studies to finalise investment decisions but if it was my money I’d be concerned about the global situation with Ukraine and how we insure against the worst but they don’t say that in the Ann so I could be well wrong on that score, night night camper catch up in the morning and see how we traded, Loop.