PMA precious metals australia limited

PMA's annual report claims they have the largest proven vanadium...

  1. vmonster
    99 Posts.
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    29/09/06
    12:33
    Post #: 1823270
    PMA's annual report claims they have the largest proven vanadium ore reserve of any deposit in the world.

    I don't understand how the reporting system allows this.

    PMA have reported 50.4 million tonnes at 0.489%

    Yet I have just seen a "JORC" statement from Anglo American which claims that Highveld has a Proven Reserve of

    21.9 million tonnes at 1.68%.

    Isn't there more vanadium in Highveld reserve, by a large margin?

    I smell a Cudeco in the making.
    PMA Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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