IRC, Gold and Vanadium, cash flow positive on gold, money in...

  1. GC837986
    841 Posts.
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    20/01/18
    05:34
    Post #: 30431896
    IRC,

    Gold and Vanadium, cash flow positive on gold, money in bank
    MC $35m !!

    Huge Vanadium deposit, JV (IRC retain 25%) partner working on (difficult) metallurgy, ANN on this in a couple of weeks

    Quick numbers
    3,309MT @ 0.4% ............ so 13MT of vanadium @ US$25k per tonne ........ 25%,

    DYOR, numbers look crazy, is all subject to metallurgy, but is undervalued just on gold
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