SYR 0.00% 22.0¢ syrah resources limited

SYR and its Vanadium resource, page-7

  1. 816 Posts.
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    Let's see (not lest lol). So SYR claim 255,000 tonnes per annum Vanadium Pentoxide (V2O5) could be produced. That is 255,000,000 kilograms or 562,178,768 pounds. Present price of V2O5 (98% flake) per pound is USD 17.00. Soooooooo ... 562,178,768 * 17 = USD 9,557,039,056. 9 billion dollars per annum top line is not real so what is wrong here? Maybe they meant 255,000 kg per annum. Bit confused with the numbers. Help!!!!!!!!!
 
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