Metal Prices29 Apr 2018 17:10
Just a reminder of why we are here... I have done a little summary below of the current spot prices.. Unfortunately since we have been suspended, Lead and Zinc prices have dropped off a little from their highs. Fortunately the price of Vanadium has gone up by around $3 per lb within the same time frame. This has added $297m to the value of our indicative 45k tonnes of V... I have put the metal prices (per tonne) in USD, and the total values in pounds sterling.
Lead Sponge: $2,300 x 276,364 = �461m
Zinc Cathode: $3,120.50 x 144,853 = �328m
Zinc Sulphate Heptahydrate: $1,000 (approx.) x 570,000 = �413m
Vanadium Pentoxide: $34,061.38 x 45,000 = �1.1b
Total Value: $3.1b or �2.3b