IRC,
Gold and Vanadium, cash flow positive on gold, money in bank
MC $35m !!
Huge Vanadium deposit, JV (IRC retain 25%) partner working on (difficult) metallurgy, ANN on this in a couple of weeks
Quick numbers
3,309MT @ 0.4% ............ so 13MT of vanadium @ US$25k per tonne ........ 25%,
DYOR, numbers look crazy, is all subject to metallurgy, but is undervalued just on gold
