vendors must be pleased16 million bucks now.then 50c a tonne...

vendors must be pleased
16 million bucks now.
then 50c a tonne royalty forever.

should buy the royalty out.

this is game set and match for the vanadium scene. The co-production of vandium from balla balla iron ore will belt the hell out of the vanadium price.

the only possible new vanadium projects will then be those with truly world class status and existing market share (aurox stage 2 balla balla), and decent grades (not many of those in WA).