Unless there has been some miracle breakthrough in technology there is a major problem with this mine. IN TALKING TO A PREVIOUS MANAGER OF THIS MINE HE ADVISED THAT THEY COULD NEVER REACH THE BUDGETED RECOVERY/EXTRACTION OF VANADIUM. HE SAID THEY TRIED EVERYTHING POSSIBLE BUT TO NO AVAIL AND THAT IS WHY XSTRATA SHUT IT DOWN.
Just my two cents worth but he had no reason to lie and has been honest in all of my other dealings with him.It would also help to explain some of the major corporate activity in relation to this stock. DYOR but please be wary.
recoveries
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