In your original question you asked who would be interested in buying the Vanadium from MXR?
Nothing will happen until a Jorc reserve is established.
If nearology is good enough to wet the appetite of FDL, then its good enough for MXR.
MXR have actually drilled some holes which could present a future opportunity. WVL would be the likely candidate through the Noble Group given MXR's proximity to WVL. WVL will be in production later this year. So far, the Canegrass has shown higher grades than WVL. 1.16 compared to avg grade of .47%. Still very early days with alot more drilling to come out of Canegrass.
It might pay to read up on WVL.
They will be one of the largest low cost Vanadium producers in the world according to their presentation. All future Vanadium has been taken up by Noble for the life of the mine which is currently 20years.
A JV down the track is more likely.
Cheers markco2
MXR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
