Ann: New High Grade Gold Mt Remarkable, page-30

Hey @teddie,
I'm with you re - the financing of the vanadium mining operation...$2-2.5 billion is whopping. Holding out until PFS stage (as they indicated in the scoping study) in the hope of revised numbers for a substantial cost reduction. Just can't imagine the payback period can be ignored given the LOM?

I was going to suggest reading over some of @Session's posts regarding grades/deposits and methods of obtaining vanadium pentoxide but noticed he posted above. This article gives a good overview.

“The board is very focused on maximising the key strategic variables of the Speewah deposits, namely, their massive size, the outcropping flat lying geometry, the overall consistency of grades amenable to large scale mining methods and the unique tenor of the magnetite that enables the generation of a higher vanadium pentoxide grade concentrate compared to most peers,” the King River Board noted.

It's good to have the titanium, iron, gold and fluorspar prospects too. @thaiinvest - I'd like to read your view on the state of affairs.