RE: Hmmmmmm +11%3 May 2019 12:20
The Balasausqandiq Project is a truly extraordinary project with unparalleled potential. Due to its unique geology, the Project could be one of the world's largest and lowest cost producing vanadium mines with industry leading profit margins, meaning that it is extremely profitable even when using a significant discount to the current vanadium price. With our existing operation combined with a defined development plan for the Project, Ferro Alloy offers a fantastic opportunity to gain exposure to the vanadium market where demand continues to grow, particularly with the increasing usage of vanadium batteries in clean energy storage."