Vanadium industry market news, page-34

Money made......…. As to a T/O being risky in these market conditions look at Glencore in 2008 and its takeover of Katanga mining. These market conditions now are exactly when the sharks start circling for a bargain. Lucky for us, and thanks to TB great leadership we are certainly not in a desperate situation, so we are very safe. TB has worked hard to ensure this. 
Please look at my posts on 14th and 18th and also my reply to you on the 22nd.
I stated that funding is no issue. Correct. A JV is therefore unwarranted. Correct.  There are only 2 solutions to this project.
We either go the Debt funding route and build it ourselfs [KRR] or a T/O before or after building the mine and infrastructure. Waiting for us to build it would be foolish as it can be paid off in 1-2 yrs max and would be a costly to attempt at T/O at that point. {stakeholders would want a high price tag].
So logically and financially for another company, the time for a T/O is before building the mine which is the most probable outcome.

As I said in my post on the 22nd. It needs to be de-risked first with certain goals/targets met before any T/O will be realised. The next few months will see those targets realised.

You are misconstrued on the reasons behind JV and T/O.   A JV is undertaken because Debt Funding is unavailable to get the project moving or to save a sinking ship. Therefore the only lifebelt left is a JV or to be swallowed up in a T/O.
Any T/O of KRR will be on our terms and not from desperation rest assured!

Money Made would you be happy if we got an offer of  60c or 80c?  What about $1.20?  Would you stand in the way of such offers?

Yak52.