A good way to measrure MXRs Market Cap over the coming 6 months. With the main game being the Cangrass Iron/Vanadium.
WVL- vanadium Ore Reserves -current mineable reserves of 79.0 million tonnes at a bulk grade of 0.47% V205(vanadium pentoxide). A total of 148 million tonnes of resources have been modelled at a bulk grade of 0.46%.
WVL had a Market Cap of approx $200Million before raising money to build their mine... (Market Cap of $334 Million today).
Watch this space when MXR sure up their reserves right next door to WVL over the coming months..
WVL Market Cap $200M, MXR $20M, I'll let you do the math..
Plus MXR have other plays- Gold, Uranium, etc..
MXR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
