SRN 16.7% 0.4¢ surefire resources nl

Vanadium $1.4m EV Facts thread, page-6

  1. 4,916 Posts.
    lightbulb Created with Sketch. 136
    Look at LTR's announcement today:

    ~84 million tonnes @ 0.30% V2O5 at a 0.25% cut-off grade @ $30M market cap.
    It has Less tonnage, lower grades, and lower cutoff, yet 6x SRN's market cap..

    To be fair it's not their only project, they have a very deep and lithium spodumene resource as well, which I don't think accounts for too much.

    No doubt SRN's >30% average Pb and >50g/t Ag tenement will match if not exceed the value of their lithium asset.
    Last edited by demoniaco: 30/07/18
 
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