At times like these with the SP poised to go higher you could always rely on old MA to go to the top draw of his desk and reach for the magical BMR fiction pen to get things moving. I do like a good work of fiction but not when my money is involved. Gladly those days are now gone.
Hopefully this new honest approach with diligent planning not to mention the construction of an actual plant will really help to keep this nice steady rise going up till production and With a few more tasty snippets along the way who knows we may even see a reasonable SP before we start producing.
Yes about right J99, Also, I've just made an interesting discovery - from the RNS
" The ISFS potentially contains 9000 tonnes of Vanadium (V) which is expected to be recovered in the form of vanadium pentoxide, which has a current aggregate market price in excess of US$15,000 per tonne. "
And from a quick web search below, I reckon we will end up producing our own sulphuric acid, which is probably our main cost at the moment!
"Vanadium pentoxide is used in ceramics and as a catalyst for the production of sulfuric acid."
Yes, I ran the numbers through my head as soon as I read the estimated Vanadium content - £100m+ at today's exchange rate. As a by product one has to hope and expect that there would be little added cost involved in processing the Vanadim further than perhaps producing cast ingots stamped with "Premium Kabwe Vanadium" or whatev? Could one therefore legitimately assume that (with 174m shares currently in issue) the value of the Vanadium alone may equate to anything up to 60p per share at today's prices?
thumbs through T&T posts... "so the situation remains of closure above 6.9p suggesting a new phase of price recovery has commenced. Backing this up, the share price closed the 17th above the BLUE downtrend since relisting, so it's officially fingers crossed time." :)
yeah I have the marriage allowance sort, she hasnt worked for a couple of years now, our eldest is 3, she took a year maternity and took career break since, and we've had a son too who turned 1 last week
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