RE: A cheap way in..............14 Nov 2018 16:20
These were figures posted on ii last June for annual revenue based on the 7.5mw smelter and also June 2017 metal prices
IRON POWDER
21,000 tons @$500/ton = $10,500,000
VANADIUM
190 tons = 190,000kgs @ $20/kg = $3,800,000
TITANIUM
4100 tons = 4,100,000kgs @ $3.5 /kg = $14,350,000
So annual revenue $28,650,000
These need to adjusted now with the rise in Vanadium prices (probably about double)