honestly thought I was wrong with my calculations, those numbers are even bigger than mine.
I just want to get this into some perspective.
So gabbi has already been drilled previously? And now they are doing an airborne survey to see if some of the deposit continues.
Can an airborne survey be used to prove JORC compliant? Or is it just an accurate tool to figure where to drill?
What type of production facility would they need to build, what is a typical cost per pound for vanadium production. I've seen somewhere that PMA can hopefully do it for a few bucks per pound, is that about right.
Someone asked me here why I used US$8, I found it in an article somewhere on the net that said, it'll fluctuate between US$8-25 depending on supply, so I went with $8.
What big companies in australia would need vanadium, any nearby?
They mentioned in a previous release that some other miner managed to get a 5 year floating price off take, is that what they are likely to try here? Would that work.
I see the comment about wall of sellers , I agree, I don't believe this company is very good at explaining their position in straight talk. I've read through a few releases in the past and I've never seen an explanation of what this could be worth. That's all that matters really, aside from cost of production.
any theories what might happen with this deposit?
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