exactly.
there are dozens and dozens of asx listed garbage with nothing but hope and a $20m cap.
VMC are Jorc'd to the Hilt.
Vandium
136mt @ 0.42%
330mt @ 0.29% v205, 5.85% Ti
1 Billion tonne Grade that is around 0.29%, same as KRC.
1.74% concentrate grade obtained.
A chinese concern would snap this up for a 20% stake if allowed for $50m.
Canadian Investors must be sniffing this too. They rarely don't miss a trick.
1.2 m ounces au @ 6 gt give or take.
lots more there too.
Lithium JV, free carried 20% to production.
Another Li Project not yet done anything with, but mega grades.
Nickel Cobalt and a jorc'd Iron Ore Project as well.
I seem to recall high Rodium or Rehmium hits as well in the Lithium proj.
Well if you've been around as long as I have, there's either quality, or hope for quality.
And the hope stuff in 90% of the time comes to nothing.
Buy the stuff that's proven in the ground. and you are more than 70% on to a winner, buy the Jorc'd stuff at a large discount to IGV, and you are even more onto a successful outcome.
Good Vanadium Burgers Luck To Us All
Chef
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