KRCOB Clever strategy, page-5

https://drive.google.com/file/d/1ghrHk2g4LDjwiL93VeJ94t26H0oGa5V9/view?usp=sharing
The 2012 announcement estimated a capital expenditure US$896 with a mining rate per year 6.3 million tonnes.

In the 20 June 2018 announcement it states:
Highlights
CSA Global completed an initial conceptual mining study using open cut optimisation techniques on the Central vanadium deposit. This pit study has encouraged KRC to scale up the vanadium titanium-iron project Scoping Study to almost twice the size of the planned operation reported in the 2012 Scoping Study.

KRC could be looking now at around or near the 12 million tonnes per year and a project around AU$1.4 billion? KRC would need a minimum of % amount of equity to build, so a big need for joint venture partner of global scale was spoken about in the Hong Kong presentation January 2018.

As usual all constructive criticism welcomed, as these are my thoughts and interpretation that I post, and they do not replace professional advice and no one can truly predict, in any way, future trade quotes and performance. Good luck to all that hold.