Current V price of US$29.10 lb = US$64K T
https://www.vanadiumprice.com/The Vanadium price used of $16,500 is short by $47.5K per tonne
At 17,560T per annum that is US$834,100,000, AUD$1,158,314,670 over & above the DFS
http://clients2.weblink.com.au/news/pdf_1\01908838.pdfThey should be building this plant already - FOMO is missing out on the high Vanadium spot price. 2 years at this bonus price & they'd pay off their capex loans & be able to start looking at the next plant.
In fact 3 years & they'd be able to finance the next plant outright.
Oh & Remember they would have $780M free cash flow based on the original DFS numbers.
So why don't we have a newly commissioned broker report factoring this in.
Are they not trying to publicize this?