Latest announcement shows Balla Balla as the world's largest deposit. The grade is very good considering they haven't used a cut-off.
Windimurra only has 0.5% and needs a 0.2 cut off to get there. Bad metallurgy for Windimurra, awesome performance for Balla Balla (twice the metallurgy recovery)
Intersuisse confirms AXO as the bigger, richer project and now we are seeing some real interest.
It would be impossible for PMA to compete with Balla Balla in terms of operating cost. And PMA only has about 13 years of Ore Reserves versus AXO 30 plus years. The Resource at Balla Balla could last for 200 years.
It all downward trending for PMA now, and only a matter of months before AXO bags the equity funds necessary to implement the project - this will give a bit more depth. Just watch all those poms jump out of PMA and into AXO, this one's going to fly and dominate the world vanadium scene for centuries.
AXO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
