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30/03/07
20:46
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snuff
and you believe the pma presentation?
1.they also claim to have the largest proved ore reserve in the world
they are in fact about number three.
2. they claim their grades are similar to safrica.
their grades are about half to a third of mapochs in south africa.
3. they claim that their consumables are available free as waste from nickel operations.
wrong! the ammonium sulphate is now taken by united farmers and you will have to pay market prices for it.
4. chengde are experts at vanadium via steelmaking and would not do it if it were not viable.
5. the vanadium only operations at Balla Balla will be lower cost than windimurra due to the fundamentals.
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