Originally posted by Propunter2
Current V price of US$29.10 lb = US$64K T
https://www.vanadiumprice.com/
The Vanadium price used of $16,500 is short by $47.5K per tonne
At 17,560T per annum that is US$834,100,000, AUD$1,158,314,670 over & above the DFS
http://clients2.weblink.com.au/news/pdf_1\01908838.pdf
They should be building this plant already - FOMO is missing out on the high Vanadium spot price. 2 years at this bonus price & they'd pay off their capex loans & be able to start looking at the next plant.
In fact 3 years & they'd be able to finance the next plant outright.
Oh & Remember they would have $780M free cash flow based on the original DFS numbers.
So why don't we have a newly commissioned broker report factoring this in.
Are they not trying to publicize this?
Thank you Prop for correcting my woeful estimates
Any idea of what the free cash flow would be at the current commodity prices?