RE:Understanding the company.Mymoolah1- appreciate your informative post. This company IMO has huge potential, both for molo graphite and vanadium pentoxide. We know the number for graphite NPV is $421M which may increase based on the recently announced 99.9% purity. w'll see.
They also have indicated and inferred resources of V2O5 (vanadium pentoxide). Based on their technical report (January 2011). the total indicated and inferred resources of V2O5 stands at 890Mlb. As I understand, there is no open market for vanadium pentoxide, the price is negotiated between the seller and the buyer. Let's assign a price for illustrative purposeonly, say at $10 per lb, we have about $9 billion dollar assets. I assume NPV could be substantial.
IMO the demand for vanadium will continue to rise in the foreseeable future due to its use in steel strengthening agent as well as in batteries resulting from increased demand for clean, rewable energy technologies.
These are my thoughts only, not intended to provide advice. Pls do your own DD.