Santa has come and gone.... Easter bunny has also come & gone.... still no happy days.. If tomorrow's volume and gain is better than today's, we may even see a nice price increase prior to the news.... But will the news be well received??
As I see it, it depends on:
1. increase % in tonnage
2. Grade of vanadium
3. Other finds/Ore
4. Economic viability
5. Mine life
6. Transportation to port/Railway etc
7. Whether a plant on-site is warranted
8. Price of Vanadium
9. Short term deal imminent with suitors
10.Production time frames
Surely the big players who have taken a position in YRR have done so for good reason.
I do expect this to charge towards a dollar per share shortly, but the news must be good, with solid facts, data, and "valuable information" on which a bankible feasibility study may be commenced.
Goodluck to the loyal ones.
Cheers
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