wvl's is $380 million fully funded and development is 50% complete.
axo's is $180 million and they are in the development stage and targeting 6 millions tonnes per annum and rising to 10 million tonnes per annum from years 4/5 with a 25+ year life.
check out their reserves for grade.
103 million tonnes grading 45.71% fe and 0.63% v2O5
and axo haven't even scratched the surface of their tenement yet.
cheers
FDL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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