Ann: Strategic advantages from re-opening Nelly Vanadium Mine, page-16

was reading the RM research note

of interest, also the Burraga copper project, 

"The Burraga Copper Project(Figure 11) covers approximately84 square kilometres in the LachlanFold Belt of NSW proximal toformer producer the Lloyd’s CopperMine (19,443 tonnes of Cu @3.14% Cu from 1880 to 1920).Geology, Mineralisation &ResourcesA tailings resource of 234Kt @1.2% Cu is the focus of a ScopingStudy with preliminary metallurgicaltesting indicating recoveries ofaround 70% are possible. Togetherwith other slag material, financialmetrics appear favourable with aCAPEX of around $10.8 million andgenerating a net profit after tax of$75 million over a 4.4 year minelife. "

i'm a moth to a flame for low capex, and high IRR on cash flow projects.