Canegrass, page-17

Okay, time again for the back of the pack of smokes calculations:

Let's work on today's exchange rate of 1USD = 1.37 AUD

Canegrass
216 million tonnes @ 0.52% = 1.12 million tonne vanadium
1.12 million @$65000 USD = $728,000,000,000, which is $728 billion USD
$728 billion USD = $997.36 billion AUD, which almost a Trillion Dollars

PIOP
1.5 billion Tonne @ $67.5 a tonne = $101.25 billion USD
101.25 billion USD = $138.71 billion AUD

That shows PIOP is close to only 1/10 of Canegrass.

Seriously folks. WOW! Now let's assume I am out with the figures ... even a lot out ... that's still a gobsmacking amount of money. And imagine if profit is 10% of the revenue .... and then imagine what the shareholders' dividend would be.

Okay I am going to stop dreaming ... cos we need a FMS BoD that can make it happen. Or even want it to happen.

GLTA & DYOR