Windimurra does not need any more extention to resource! It's huge, any exploration is a waste of money, and are only "Director Holes" to drive the share market. ATI stop drilling!
Windimurra has not needed resource drilling for the last 10 year, yet they keep drilling and wasting money, because it sounds great to increase the resource, yet it is huge already and well known along strike.
To decrease the minelife at windi it will need a benification plant and kiln capacity upgrade, which I can't see happening in the next 10 years. - big $$$
To produce pentoxide, it still requires the same feed stock. So its ferro or pentoxide, from the same Vanadium stock, or more roasting capasity to increase Vanadium stock. if pentoxide is produced, there would be less Ferro produced, less value adding, should only look at pentoxide if the quality is right, to get a better sales price.
Lets see if we can get the current resource to market. no need to look at YRR.
ATI Price at posting:
$1.15 Sentiment: None Disclosure: Held
