Thanks bootleg. Using 166mt as the estimated final resource...

Thanks bootleg. Using 166mt as the estimated final resource size, it is actually 1,340,000t not 134,000t of vanadium, so the value would be $18,760m ($18.76b). That's quite a sizeable deposit, especially if the fe grade stays above 50%.There's another $4b worth of ore at $50t. This will be a very valuable asset when you consider the total ore content will be over 60%. I have no doubt it will be mined, though very unlikely to be YRR.

Hoping get some more detailed info on the latest drilling and resource estimate of Gabinintha soon. An update on the Cabe tenements would be good too. The land near the Bigryli deposit looks promising and the ones in WA are in good areas also, though personally i still cant see the value due to the dilutionary effect it will have on GPN's holding in YRR.

GPN is still good value at current prices though most of the 'blue sky' is being removed imo. I've had my say and will now leave it up to others to consider the merits of the deals. Thanks for your response bootleg.