Ann: Hardey makes second major vanadium acquisition, page-48

Still with 4 billion SOI and 7 vanadium projects there is no reason this can’t hit $250mil MC in the future if they go mining and that’s at a minimum..
$250mil MC = approx 6c SP
$500 mil MC = approx 12.5c SP
$1billion MC = 25c = SP
And that’s including options converted which doesn’t necessarily mean will happen so SP could potentially be double the above example.
I was a little rattled today but in light of my consideration this evening I am looking at this as becoming a pure vanadium play in the near future with possible divestment of the other projects (gold/copper) to fund future drilling/jorcs/deals

I am excited about the gold and copper but if they turn toward a complete vanadium play I won’t be complaining, especially if they can get this thing to 6-12.5c SP

All in my opinion ..