The copper/gold potential that the tenements are currently showing will also be very useful for getting the vanadium project up and running.
My thoughts are that if they can get a gold project up then the chance of a viable vanadium project will increase with the potential for shared infrastructure costs across the two projects. Even a small low cost gold project (say 5-7 years) could very handy in providing the funds and infrastructure (power, roads, water, camp) that sees the company develop the vanadium as its long term 30+ year company making project.
Though of course a massive copper/gold project on top of the vanadium would be nice as well.
NIP Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held