Phenom Resources Corp Com V.FVAN

Primary Symbol: FVANF

Metals & Mining Industrial Metals & Minerals

First Vanadium Corp is a Canada based exploration company which is engaged in the acquisition, exploration, and evaluation of mineral properties. The company's exploration projects include Carlin Vanadium Properties and West Jerome properties. Its operations are limited to a single industry segment, being the acquisition, exploration and development of mineral properties.

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Phenom Resources Corp Com > Crowley

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Comment by alex7759on Sep 17, 2018 2:02pm

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Post# 28633767

RE:RE:RE:Crowley

"Smart money knows higher capex to recover twice as much metal is a no brainer. "

yes, but autoclave technology (capex 300mio) with vanadium extraction is not proven economically yet.
Plus CCC has >10% carbon that leads to 25% acid and thus multiple opex

ccc's breakeven can be estimated then at 14$ lb vrs. 7$ "at neighbor". ( with 100mio capex and in 36 months commissioning). Smart money are aware about already.

Dear DD, with the expected PFS by the end 2019 you will be not able to maintain the current price level... with due respect to you personal and Mr. Crowley

if yes, i'll take my hat off.

this is my last post here till detailed met. results are released

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