That the Vendors are up for equity equates to the understanding...

That the Vendors are up for equity equates to the understanding that they believe the resource is real, and they want ongoing exposure. $4Mill is not chicken feed, whether in cash or stock!

That they're doing a deal with an Aussie Junior equates to maximising their upside.

The Vanadium space is really hot. My/Our entity has very recently been beaten to Two very rich deposits in the Toolabuc QLD. CHN getting there in the One instance. It Grades @ .6%. Very high on a Peer to Peer comparison. And without associated metals.

This thing Grades Three times that, and with no end of associated metals in a very Mining friendly, stable, and growth oriented province.

I've grabbed 25Mill OC's @ .001 in this washout, and will more than likely hold them till April 20.