Uranium spot price, page-495

Hi Tommy1990, that's what the scoping study should tell us. Some of the factors that will affect the value are listed below:

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HGV Zone – 90 million tonnes @ 0.42% V2O5
▪ HGV within 20 metres of surface and to 100 m depth
▪ Other Battery Metals in ore - Co, Ni, Cu, Mo, V, Nd
▪ Swedish Government driving Green Metal transition as a key economic plank

When the previous scoping study was completed, Vanadium was trading at US$3 lb, it is now US$19. Let's say our all in sustaining costs were US$7/lb, we have a value in the vicinity of US$1,080,000 just in this one high grade deposit.