No vanadium in this DFS. SYR plans to issue a separate FS for the V2O5 later in the year. This DFS is only for the graphite operations. I'm also unsure whether this DFS will include the potential SPG as SYR has announced separate economic studies for a 25k tonne SPG plan in MOZ and the study of doing a further 25k tonne in the USA.
So, absolutely sure no vanadium feasibility will be in this upcoming DFS. Unsure about whether the 125k tonne of extra graphite for SPG will be in or out of this DFS.
Cheers
SYR Price at posting:
$4.36 Sentiment: None Disclosure: Held