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5.33% 80.0¢ red hawk mining limited

On this 2018 presentation from the Department of Mines, Industry...

  1. xax
    117 Posts.
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    05/12/18
    12:32
    Post #: 36757642

    On this 2018 presentation from the Department of Mines, Industry Regulation and Safety they have the Canegrass resource at 216 million tonnes at .52% and contained vanadium of 1115.3Kt.

    If my math is right with todays vanadium price of about AU$100,000 multiplied by 1115.3Kt that comes to AU$111,530,000,000, however whatever the figure it sure is a lot of vanadium and $$$$ and that's just on what they have found so far.


    WESTERN AUSTRALIA: Battery Metal Powerhouse

    http://www.dmp.wa.gov.au/Documents/Geological-Survey/09-Western%20Australia%20a%20battery%20metal%20powerhouse-Trevor%20Beardsmore.pdf

    FMS Price at posting: 7.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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