A little perspective12 Oct 2025 04:38
4am and not sleeping so Please feel free to correct me if I’m dreaming!!
This is just V205
RNS - 11. 9 . 23
Ore body 1 contains
32.9 million tonnes of ore containing v205 @ 0.69%
32,900,000/100 =329,000 - 1 percent
329000 X 0.69 =227,010 to tonnes
227,010 x 2204 =500,330,040 pounds
Value
500,330,040 Pounds X $5.5 price per pound of vanadium V205
$2,751,815,220 value
Altho I’m sure we have special V205 and gets an extra $1 per pound
Mine life extracting 110 million per year
2,751,815,220 / 110,000,000 = 25.01 years
Please tick up if you agree