Yeah it works out to $33b not $330m
Though, i do believe they might bring in a JV partner to help fund and develop a V5O2 project, (i had no idea what this stuff is/was valued at... Lucky they didn't throw it into the FEX ipo).
Looking into a crystal ball; producing 15mtpa of DSO, PLUS a Vanadium project along with some Magnetite pallets.
How would this sort of project work, would the magnetite or Vanadium production be the main project here?
Seems like they're interested in doing some research themselves, i suspect that we might get a scoping study done on this project before anymore 'resource definition' as stated in the announcement.
Re: Selling over the last few days, i had a 11c top-up bid that i pulled due to lack of cash.. unlucky
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