Ann: Substantial High Grade Vanadium Resource at Gabanintha, page-29

TNG: 160 Mt at .28 % = 448,000 t contained V ( measured )

YRR: 91.4 Mt at .82 % = 750,0000 t contained V (measured, indicated and inferred)

>>>if you focus on measured and indicated only; you still have : 202,540 t

so should YRR SP be tend towards half of TNG's mkt cap of 114m as a guide ?? 57 m ?? or 5 times of what it is now ??? IMO

• Measured and Indicated Mineral Resource of 24.7Mt at 0.8%
  vanadium pentoxide (V2O5) at the Gabanintha project near
  Meekatharra in WA

The total Measured, Indicated and Inferred Mineral Resource in both low and high grade domains is 91.4Mt at 0.82 per cent V2O5 and contains 750,000 tonnes of V2O5. This includes a high-grade zone of 56.8Mt at 1 per cent V2O5 for 563,000 tonnes of V2O5.