you guys are wondering why ATI is on the brink of calling in the...

you guys are wondering why ATI is on the brink of calling in the receivers. can't you follow a discussion, or should everyone just continue to blow smoke up MM's backside, averaging down each time ATI issue shares ?

i read the maracas definitive feasibility study this afternoon on their website. they're using a cut-off grade of 0.45% V2O5 - so yep, you'd be better off treating their waste than mining windimurra. a really sad fact.

vanadium market growing at 7% CAGR for the next 10 years - what B/S. The price has been going down while the world waits for windimurra. It spiked for 6 months in 2008 when south africa forgot to turn the power stations on and supply was disrupted. Apart from that its been 10 years flat or steady decline.

iron ore - a scam, 0.15 cents/tonne/km to get it to Geraldton makes $60/tonne on transport. you couldn't sell that stuff for $60. so they might have a market, but our chinese friends will be nailing them to the extent it doesn't cover costs.

so don't be sad, maybe just listen and understand ? the people who have made money on windimurra #3 left the building long ago.