Friday, April 09, 2010 12:11:02 PM
"The mineral data base group Intierra Resource Intelligence says Windimurra has a proven and probable 97.8 million tonnes grading 0.47% vanadium and a measured and indicated 78.7 Mt @ 0.453%."
What is the cost per ton of extraction for both?
We know that Green Mountain is basically near surface extraction.
What is the depth of the ore at Windimurra?
What is the ultimate tonnage to be found at Green Mountain?
We are at 200M+ tons and counting, with some of the highest potential areas not yet accounted for.
Does the 176.5M ton reserve account for their entire claim?
They are much further along than we are but ultimately, the proven reserves and extraction cost will win the day.
Have to do some digging
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