Looking very grim for windimurra. Being a primary vanadium producer sitting on a low grade, hard to process ore body is not a good space to be in. Debt levels are so high I don't see how they can work there way out of this pickle without some serious and consistent production. Falling iron and steel prices with a strong aud$ is a killer.
Full production soon or they're a gonna.
Any staffers online to comment ?
Ann: Windimurra Funding Update , page-2
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