kev wills talks about massive fe target, page-6

Just looking at the WVL website..

"In May 2007, WVL announced a significant upgrade of JORC compliant reserve of vanadium containing magnetite from 50.4 million tonnes to 98 million tonnes. "

"The process plant will produce both ferro-vanadium (an alloy of vanadium, aluminium and iron) and high purity vanadium pentoxide. The majority of production will be focused on the production of ferro-vanadium (85%)"

If MXR sure up 100Million tonnes of "vanadium containing magnetite", Market cap (based on WVLs) would be 10 times what it is now. What happens if MXR are sitting on 200Million tonnes??