JohnPaull ACV Perhaps some of that money is moving to EGZ today as their resource dwarfs that of ACV with the grades no where near.
ACV 18 Million tons, .029% avg grade, .23 cutoff, 65%recovery
EGZ 60 Million tons, .07% avg grades,.5 cutoff, 82% recovery (50 Million tons indicated 10MT inferred)
EGZ resources are based on drilling only 25% of the 18 mile vanadium trend which extends across 21 kilometres of Energizer’s property. All has shown to be mineralized.
What if EGZ used the same cutoff???
EGZ 890million lbs (Indicated and Inferred) at $7 at 80% recovery $5.7 billion
Energizer gives ACV being nearer to production.
