GREY:ARGEF - Post by User
Comment by
canada7on Aug 05, 2010 12:20pm
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Post# 17324716
RE: RE: vanadium $34 per lb in 2015?
RE: RE: vanadium $34 per lb in 2015?
When vanadium metal price is up, so will be V205. It is the price trend that is important. I have been using $600 per ton value (unlike some others in this forum who used much higher value), and assume those oxide price already. But with $600, even with the worst possible processing cost ($200 per ton), with worst possible dilution, and Argex can still make $120M per year as pure profit from pilot production with IRR over 100%, with payback period less than 1 year, and with
.60 per share income after one year of pilot production.