so much resource...such a small mc...why?

This project is based on:

Development of one of the largest JORC Resources in the world of its kind, totalling 4.7 Billion tonnes at 0.30% V2O5 and 2% Ti that provides the opportunity for +100 year mine life

Process flowsheet that uses a mixed chloride acid leach on the magnetite concentrate, to recover +90% of each Titanium (Ti), Vanadium (V) and Iron (Fe) as three seperate high value end products (Indicative +99% purity).

Scoping model that suggests annual revenue > US$550 million with project valuation of US$1.4 billion.

Is the market this crap that it values a company with such a huge resource at only $7 million or is this company just a basket case?

Has anyone bothered to ask questions of management? Would you want some answers from your tenants if your $1 million rental property was left in a state of disrepair 1 year later with a residual value of $250K? Think about it. Same thing. Our shares have been demolished to the tune of 75% capital destruction. Well it's not our fault is it? Who's fault is it then?

The lack of posts on here indicate you have all given up or sold out. Which one is it? Are we going to fire up people or is everyone just content to see their capital destroyed?