I believe new regulations for a scoping study require a measured portion of the resource to be defined. If the IPO can be based on a measured and indicated portion of the high grade vanadium zone, we may all be surprised to the upside. Much of the exploration risk is removed and work can advance the project to PFS stage.
Vanadis IPO, page-28
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16.5¢ |
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Mkt cap ! $136.3M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 115000 | 2 |
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