QNL
Market Cap at 2.6c is $3.04M; by end of June, cash $0.874M, expectedoutflow $0.185M； EV $2.1M
Victory Bore: InferredVanadium-Titanium-Iron Mineral Resource of 151 million tonnes at 0.44% V2O5 ,6.73% TiO2 and 25% Fe; plus some Gold credit with historical drilling result 6m at 5.2g/t from 56m
KRC
24July quarterly report:
$0.716M cash, expected outflow $0.654M (soon enough another CR? Just did one at 0.4c for $1.05M) Market cap $6.941M at 0.8c；EV: $6.2M
The King River CopperLimited tenements contain one of the worlds largest undeveloped Titanium /Vanadium in magnetite deposits with combined Measured, Indicated and InferredResources totalling 4.7 billion tonnes at 0.30% V2O5 and 2% Ti (at0.23% V2O5 cut-off grade) in 3 deposits. low grade； The Central, Red Hill andBuckman deposits include:
· Measured Resourceof 322 Million tonnes at 0.32% V2O5 and 2% Ti;
· Indicated Resourceof 1,054 Million tonnes at 0.33% V2O5 and 2% Ti;
· Inferred Resourceof 3,335 Million tonnes at 0.29% V2O5 and 2% Ti.
TNG
Market cap $112.6M @14c; cash $6.839M；expected outflow this quarter $2.06M；
EV: $106M
Mount Peake currently has atotal JORC Resource estimate of
160Mt @ 0.28% vanadium (V205), 5% titanium(TiO2) and 23% iron (Fe),
Collaboration with Europe battery player to develop V redox flow battery
Developed processing to extract V, Ti, Fe efficiently
AVL
MC @1.5c is $20.2M; cash ~$1.5M （no quarterly yet）；
EV ~$19M； capital raising at 1.5c with a free attaching option for $0.75M.
285.8M options at $0.02 ；141.96M options at $0.0147；a few hundred millions of performance rights.
Defined reserve: 91.4Mt@ 0.82% V2O5 , 10% TiO2 and 35% Fe；
Collaboration with Europe battery player to develop V redox flow battery
TMT
MC$
[email protected]; cash ~3M (NO quarterly yet but assessed from 13 June report)
EV：7.14M
OVERALL INFERRED RESOURCE OF
62.8MT AT 0.8% V2O5, 9.7% TiO2, 35.9% Fe.
QNL has the lowest EV, yet it has relatively medium grade and medium reserve size.
