AXO 0.00% 73.0¢ aurox resources limited

Who cares about perception of the PMA change of guard ?The ore...

  1. 99 Posts.
    Who cares about perception of the PMA change of guard ?

    The ore is still the same, lowest grade in the world, the energy is still expensive, and there is no evidence that they have solved the processing issues that crippled it before.

    Fluor Daniel could not build it to work, Xstrata could not fix it, and no matter who builds it this time, its still faces the same issues and again, a retreating vanadium price. And lobbyists only serve emphasise the flaws.

    All that noble's underwritten vanadium offtake agreement does is reward mediocrity at the expense of other PMA shareholders.
 
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