About right17 Feb 2018 20:22
Sp price , add copper future price at nameplate 17.500 mt , add Otjihase production , + 10 ish mt = 27.500 ish mt production per year , then add KITUMBA, first low estimate 20 mt ish , (all low estimates) 47000 mt per year low estimate , 47500 copper per year , approx 2,500 margin per ton , (approx) 2,500 x 47500 = 11875000 profit , revenue , then burg Aukas , zinc , lead , silver , vanadium. , all commodity�s up except for silver , but I�m bullish on silver , saying that silver only1 % off revenue ,berg Aukas gives wti a wide spread commodity base , (ones up , another�s down in price ) , prediction is hard to predict , my personal thoughts are Berg Aukas and Otjihase first , as these two can use existing concentrator at Otjihase. My view on vanadium is very bullish , I�m aware of high production cost at mo , been researching I�m sure there�s a low cost production for vanadium , will have to pay for tec tho , vanadium is so important to the world , so many uses , only 90000 mt per year produced globally 2017 , China main producer of vanadium are changing rebar , (steal used for reinforcing concrete , buildings , roads , bridges , ) later this year new regulations need more vanadium in rebar , that�s not all , recent battery storage as started to come into play , vanadium flow batteries are taking a position in industry, also vanadium may even take more news in the future , https://actu.epfl.ch/news/a-revolutionary-material-for-aerospace-and-neuromo/
Recently smelters in China have been closed down because of environmental reasons , a lot of vanadium is a byproduct of smelting , add vanadium is produced from the burning of fossil fuels , (fossil fuels are not going to be be the future) so less vanadium produced from those industries , only ore left to meet demands , plenty there , just need the price to be right , wti , burg Aukas as a bit , ore is not that high % but considering it�s not main commodity it don�t matter , but one thing to keep in mind is the revenue from vanadium might be as much as lead , costs of producing ore into different concentrates are on price per tonne , what you get out off the different concentrates in profits is price of commodity�s , ok that�s me done , gla