Something very good coming !, page-17

That's where our Julia Creek project will potentially be a winner as it has the possibility of shipping a concentrate as there is a railway going right past the tenements. Shallow, soft easy digging. Real possibility of a low capex operation and that's why AXF has come on board imo. If they can get a concentrate of 1.5-2% it's most likely a goer.

https://www.vanadiumprice.com/

$33.90US per pound, that's over $100k AUD/t at 1.5% = $1500 a tonne and well worth the cost of shipping the concentrate.