PUR 20.0% 0.2¢ pursuit minerals ltd

Ann: Exceptional Vanadium Grades Confirmed at Koitelainen Vosa, page-75

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  1. 449 Posts.
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    This is an accident waiting to happen.....Has anyone noted the mass recovery percentages?...Ridiculously low ( Average 3-4% )...equals massive costs against discounted DSO rates and consequent minimal margins..the 2 vanadium plays that I follow have a recovery of 80% for their fresh rock material meaning that these guys have to dig up some 20 times the material ( eg strip ratio nightmare )....good luck
 
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