Money Made, I think there is enough information in the public...

Money Made, I think there is enough information in the public domain from KRR, other mining operations in Aus and global vanadium operations to construct one own draft PFS for Speewah within reasonablly acceptable limits as a means of satisfying oneself about the future direction and potential profitabilty of Speeway at various "what if" scenarios. So you would start with an excel spreadsheet and on the horizontal axis you would have "Annual production (tons or Mt) say for say 20 years (24 columns). On the vertical axis you would have V2O5 grade, recovery and price. Ditto for TiO2, Fe3O4, Al2O3, and MgO. This gives you annual revenue. Now deduct costs which are mining, stripping, provision for rehab, waste disposal, benneficiation, acid leach, repairs and maintanance, freight, marketing, admin, royalty (bulk) royalty (oxides), royalty (metal), shire rates, Capex Met Plant, Capex Acid leach, Capex other, interest, amortisaiton and depreciaiton, corporate tax. Deduct the sum of all costs from income and you will get annual after tax profit and you can determine the likely NPV and IRR. From my table I am confident that Speewah will be profitable even if the V2O5 price falls substantially from current levels. I decline to present data from my table because it will be wrong in detail and is for my personal use only.