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2.27% 8.6¢ neometals ltd

vanadium price on fire

  1. ikon gold
    533 Posts.
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    03/02/08
    11:36
    Post #: 3314010
    Vanadium stormed the market last week rising to $9 a pound.RDR owns 100% of the Barrambie vanadium project in WA.The project has a resource of 24m tonne at .82% v2o5 making it the highest grade deposit in Australia.With demand far outstripping supply for v2o5 and the Chinese steelmakers hovering around base metal companies,RDR looks very attractive for massive growth.Barrambie is slated for first production in 2010 as it currently in the final stages of the definative feasability study.
    NMT Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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