You know nothing about the vanadium processing. Where did you get the confidence? Through reading some news written by fund manager? It is so funny that you said concentrate grade do not matter!!!! Look at the PFS of TMT and AVL. You will find 70% of the cost are associate with processing the magnetite after the separation if you believed in their report. From this graph you probably need to ask yourself thousands of times, there are so many "High grade" mine exist and why tng will ever been developed. Are they idiot?
Vanadis IPO, page-319
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