40% mass recovery over thickness of what? 10m, 17m, 20m...?
PUR has average recovery of 17% and 20% for grade of 2% and over. And like all other companies, they will work on increasing the recovery rate, given 2 of the world biggest current Vanadium producing mines has 30%-35% recovery grade.
and their mineralisation thickness in AIRIJOKI deposit in Sweden are: 178m, 213m, 112m...this is mind-boggling thickness.
they also stated in their Oct mining conference that the biggest cost component for mining Vanadium is electricity and electricity in Finland and Sweden is about 1/3 to 1/2 the cost of electricity in Australia.
Ann: Further Exceptional Vanadium Grades at Koitelainen Vosa, page-19
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