I was referring to the AIRIJOKI monster deposit. It is in their announcement just a few days ago.
Like all other mining companies, they will work on increasing the recovery rate. Keep in mind that 2 of the biggest Vanadium producing mines in the world have recovery of 30%-35%. So, from 17%-20% current recovery and working towards 30%-35% is not a major challenge for them.
The main point is: they have current MC of only $8mil and EV of about 5.5mil with thickness of mineralisation of 178m, 213m, 112m...of nearly 2% grade compared to peers of 0.8%, 1%, 1.3%...with thickness of 10m, 17m, 23m, ...
Management has said the grades witnessed by PUR is amongst the highest grades in the world.
It is all about relativity. I am talking about comparative MC (compared to other Vanadium players' MC). This has got to go higher and higher to the range of $30mil MC to be sensibly relative to other Vanadium players.
- Forums
- ASX - By Stock
- Ann: Further Exceptional Vanadium Grades at Koitelainen Vosa
I was referring to the AIRIJOKI monster deposit. It is in their...
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $7.270M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $8.573K | 3.786M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
54 | 55488336 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 15705345 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 211170 | 0.025 |
3 | 274000 | 0.024 |
4 | 1346362 | 0.023 |
3 | 2445000 | 0.022 |
6 | 1690080 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 100000 | 1 |
0.027 | 500000 | 3 |
0.028 | 265829 | 2 |
0.029 | 337994 | 3 |
0.030 | 707095 | 3 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
PUR (ASX) Chart |