game on for charles and axo, page-3

Valid point - I suspect it will be difficult for others to compete in the Vanadium space with Balla Balla on the basis it will be one of, if not the lowest cost producer in Australia at least (I'm not entirely sure where they stack up on the world scene). I suspect that the iron ore concentrate component to its business will ultimately become its primary money spinner so to the extent that occurs it will not necessarily be a one trick pony. What the review reveals will be interesting and may give us a better insight into the potential direction of the company - there is a good chance it may become part of someone else's stable of projects in the end anyway.