This simple spreadsheet shows how bringing our 2012 SS more in line with current market conditions has an enormous impact on the economic viability of the Speewah Vanadium project.
While some steer away or choose to have their head in the sand due to our relative low-grade or higher MCAP when compared to other V players, they may be overlooking the serious potential that KRC has to be the lowest cost producer of high grade vanadium - as stated in the Vanadium Study Update.
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The below figures do not take into consideration the price premium we can now attract by offering battery grade vanadium (>99.5%) or any potential income derived from our JORC'd fluorite resource.
Further, the numbers below does not use an improved operational cost / lb figure which given that fact that our processing routes have advanced since 2012 there is potential for the upcoming SS to even further surprise to the upside.
Key points to consider: Project valuation of US$4b+, 1-2 year payback period and significant infrastructure existing in the region.
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