RE: 171p vs £1013 Oct 2020 14:01
Alfa you do know only 1 out of 5 ore bodies have been explored?
The Balasausqandiq deposit is very large, with the centre of the estimated range being around 126 million tonnes of ore, equivalent to over 840,000 tonnes of V2O5 and equal to over four times the estimated annual world production of 2018. It is made up of five known ore-bodies. Only the first of these five ore-bodies has been fully explored but this single ore-body contains reserves on a JORC basis of over 23m tonnes of ore. When by-products are added on a “vanadium equivalent” basis, the value of the content of the deposit is even higher.