Ann: Vanadium Oxide JORC 2012 Resource with Exploration Results, page-8

Good to know it’s much better than first thought. Multi billion dollar vanadium resource for a $12m cap. The resource sounds exciting. Discovery of a large resource is supposed to excite the market but vanadium seems to be out of flavour with avl, krr, tmt all on the low. Even the SP of largo which is already a big producer has tanked 50% from its high. We read about vanadium demand to skyrocket and this. Hope vmc can progress something concrete in the next 6 months. The problem with vanadium is its capital intensive nature. We can’t start small with little money. I thought we can leverage the windimurra plant that Atlantic will rebuild. Wonder if they have been in touch. Or whether windimurra has started to move.

Where’s the gold assays?

Any decision on the acquisition?

How do we make ourselves credible. We seem to be a minnow with big dreams. And we’re taking too many little steps. Somehow we may have to give up one of these at the time some value is realised.

I know it takes time.