Ann: Trading Halt, page-8

Personally i'd prefer to remove any soverign risk.
Plenty of projects in WA.



Data on exploration expenditure for vanadium is not available in published statistics. However, individual resource companies have published expenditure information, including two companies exploring adjacent blocks of the Lady Alma Igneous Complex near Gabanintha approximately 40 km south of Meekatharra, WA. This Complex is part of the Meeline Suite of layered mafic igneous rocks of which both the Windimurra and Barrambie Igneous Complexes are associated.

Australian Vanadium Ltd (AVL), which has reported the successful completion of its drilling programme during the 2015-2016 financial year at its Gabanintha project, completed 5,957 m of Reverse Circulation (RC) drilling and 932 m of diamond drilling. Diamond drilling results include significant intersections such as 30 metres at 0.99% V2O5 from 115 m in drill hole GDH913 including 14 m at 1.44% V2O5 from 131 m.

Immediately to the north of AVL, Technology Metals Australia Ltd has announced the early results of its exploration programme at the company's Gabanintha Vanadium project tenements. The drilling programme consisted of 36 RC holes for 3,128 metres of RC drilling. High grade mineralisation of more than 1% vanadium has been intersected by historical drilling at these tenement areas and in new drilling.

http://www.ga.gov.au/scientific-topics/minerals/mineral-resources/vanadium