I keep asking myself do the threats outweigh the rewards and are the risks being addressed. For me they are. For others, we'll they need to answer that for themselves.
Without considering the Gold potential, which at this point shouldn't be considered as either good or bad. Plenty of potential but not yet economic.
Fluorite = good! Potential synergies with Vanadium process. I think this could significantly reduce operating costs.
Vanadium = good! Low grade in ground but magically one of the highest concentrates. At surface and low strip ratio. New uses for Vanadium coming up.
And still to be seen how many other metals will be recovered depending on which process is selected.
Location = Australia and great access to ports., roads. Power shouldn't be an issue.
Agreement with USA for supply of critical elements, could play into one of Australia's Vanadium plays. May be us, may not be us.
The risk is obviously funding based on the conservative SS.
Risk that we have all been lied to. And if any investor in any spec stock knew this everyone would be rich.
IMO I am happy to watch this play out. Everyone should assess their own risk profile.
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8 | 28480304 | 0.008 |
5 | 5799516 | 0.007 |
6 | 5100808 | 0.006 |
12 | 8038888 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 2390000 | 4 |
0.012 | 1242985 | 7 |
0.013 | 1846567 | 8 |
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