Some research and comparisons
KRC (market cap 66 million)
4 700 000 000 tonnes
.3% vanadium
2% titanium
15% iron
TMT (market cap 30 million)
120 000 000 tonnes
.8% vanadium
9.7% titanium
37% iron
VMC (market cap 17 million)
Higher grade jorc
167 000 000
.41% vanadium
7.5% titanium
25% iron
Adjacent target has potential to host 1-1.3 billion. Add that to entire jorc
1 500 000 000
.29% vanadium
6% titanium
19% iron
For mine its the higher grade resource thats important. Contains 683 000 tonnes vanadium
Vanadium price at $64 000 AUD per ton.... you do the math there !!!!
Fact is the small high grade jorc resource will be enough to sustain a mine for the next 30 years. Pointles beefing up a massive low grade resource.
Would love to know the credits for titanium and iron too
Titanium at $5000 per tonne
Anyway im fully loaded.... there are some pieces of my research/thoughts
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Some research and comparisons KRC (market cap 66 million) 4 700...
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