Did you really just use transportation costs of iron ore to support an argument about vanadium pentoxide? Righto.
TNO is excluded from every global peer comparison because they don’t have a JORC resource. The SAMREC resource has almost an almost identical, albiet slightly lower, grade as TMT. Twice the grade is a rubbish comment, not to mention TNO is in one of the most politically unstable locations in the world.
