Ann: SRK concludes High-Grade Vanadium Mineralisation at Nelly, page-26

DSO sounds interesting if the stockpiles are of sufficient quality and quantity but the description of narrow veins suggests a large deposit suitable to bulk mine is unlikely. Happy to watch this develop but I'd be mindful that drilling could downgrade current expectations. Interesting point made by SRK on page 15 of the announcement regarding magmatic deposits and the few examples of economic mines. Nelly doesn't look like it will show high enough grade to offset the possible small resource size when compared to other vanadium deposit types that can be true giants with the added bonus of magnetic upgrading of ore. Watch and wait for me.