I agree mostly with your posts noodly.
However, there's far too much emphasis on VRB's and vanadium in general, instead of pure economics (my background).
30% roughly, of the income, will be from vanadium. 60% of that, is going to come from a company using it for steel.
So realistically, at most, 12% of our income, is going to come from VRB's and batteries.
Why do we have so many posts in this forum about VRB's and battery usage then? Sure, that's going to grow, but it's a long way off.
The reason this project will work, is due to the economics of it. The measured resources are in the ground. The cost of mining and processing the deposit, are already fairly accurately logged.
The Germans and Koreans aren't short sighted. They know this is an ideal time to lock in a deal. The timing couldn't be better for them.
Expand
