vanadium , page-2

www.metalpages.com for vanadium price

AXO now 70c and building.

They must have the finance and iron ore sorted by now.

Not selling yet, broker research on Aurox website says plus $4 per share.

Plenty of upside here.

1. 30 years of high grade Ore Reserves

2. 100 years of Mineral Resource - largest in the World

3. The most reliable, high recovery ore known

4. Best infrastructure in the state

5. Will be the lowest cost producer ever = huge margins

If you had taken some the IPO, you would have been given a free option with each share.

The options are now at 50 cents.

So you would now have $1.20 in value - I'm quite happy with a six-fold return on my money, but will be more happy when the shares hit 2 bucks.

Time to sell the tinnie and start looking at something a bit bigger, maybe the QE2.