I expect AXO will soon claim the title of lowest cost vanadium producer in the world.
It already has the worlds largest vanadium mineral resource.
It has Australia's largest, highest grade vanadium Ore Reserve.
It has the best metallurgy and best location.
It can make money when the vanadium price is down and stay open indefinitely.
I Don't think the Noble group will keep PMA in production if the vanadium price is less than the production cost for any period of time. Xstrata certainly didn't.
AXO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
