Ann: Further Exceptional Vanadium Grades at Koitelainen Vosa, page-27

well said @Bennybop
i was initially drawn to the headline numbers as well, and like you, transitioned my thinking to caution.

these concentrate numbers (although high) need to be considered, in balance with how much rock you need to pre-process to have it in hand. 

I cant get my head around 5% (20-1) Koit, but Airijoki maybe a chance imo. All pending scoping, balanced with low overburden, and good infrastructure advantages. Just seems that Airijoki 17% mass recovery, might seem plausible in comparison to Koit (not imo), and then other peers TNO with 40% (great imo).   But i sit in the camp of , if in doubt, stay out for now.  There is an incomplete picture here.  Thats all can be said really until the scoping weighs all the factors together.  But for mine, its quite feasible to me that great concentrates may not be enough, and remain stranded in the ground, if it means i need to bulk process the mountain, to have a truck full. etc.

But thats what speculation is about, and punters just need to be aware of the whole of set of ingredients going into the Scoping study.  It might be favorable, it might not. Thats gambling. Nothing is certain.  Wagering your speculative perspective.

GLTA.