We’ve found our local down ramper worried about a great deposit overseas while he holds KRC in Aus.
I’d be worried as well if he capex for my project was $900mil.
Look at the valuations of Syrah in Tanzania, AVZ in DRC, Randgold in Mali and tell me great tier one assets suffer from sovereign risk.
Demand for vanadium is strong and it’s SHOW TIME now for TANDO with a tier one asset in a hot bed of a district for vanadium.
The wallet is full for tando to drill it and progress this deposit that’s already had significant amount of work done to it.
Best of luck with KRC, but I’m back TNO!
Today’s VWAP was 74.3c, not shabby at all
