1. TiVan cannot be used at AVL.
2. I would be asking where the poster is getting $2.50/lb from. As the latest costings say life of AUD185/t ore mined which produces pig iron, titanium and V. Further, it is complicated by 2 different ore feed rates.
See: https://www.asx.com.au/asxpdf/20171120/pdf/43pcrw8k59d9bm.pdf
From this document, I think it is very difficult to truly define a cost per lb for V alone.
I would be pleased if someone can provide a definitive answer. Thanks.
Ann: Gabanintha Pre-Feasibility Study and Maiden Ore Reserve, page-71
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