AEE 6.90% 15.5¢ aura energy limited

Vanadis IPO, page-166

  1. 386 Posts.
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    Funny. The most ridiculous thing I ever seen is comparing Australian vanadium mine with Largo. That is Largo!!! None of the vanadium mine in Australian will go to production due to the low concentrate grade, low purity (high aio and sio) and problem with energy supply. I bought them for sentiment and trading. They have higher price only due to home bias.
    70% of the cost are associate with the leaching. Whole rock grade is not very important. Only AVL and TMT keep mention about the whole rock grade and hide the concentrate grade. I still remember the graph summarized by AVL. It make people think BMN.lse should have 10 time market cap than LGO. But people still keep posting the graph.
 
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