VR8 12.5% 5.4¢ vanadium resources limited

Top 20 holders update, page-34

  1. 6,642 Posts.
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    Further to my earlier post, the modest increase in costs between the PFS and DFS was specifically mentioned by Eugene on page 2 of the DFS :

    "With the majority of project costs, both in terms of opex as well as capex being procured locally, inflationary effects
    in these areas have been minimised to approximately 5% for both compared to the PFS, which maintains the
    Steelpoortdrift Project’s status as one of the world’s lowest cost producers to potentially come into production. It is
    our belief that the project outcomes deliver the values required to progress this project into construction phase and
    to become the next major Vanadium producer globally. We are excited to progress this project for the benefit of all
    stakeholders”
    .

    All IMHO, DYOR
 
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