RE:RE:RE:RE:RE:I hope Thanks lucid and kha.
I agree.
The iron-ore would be an excellent source of income with little expenditure, and thanks for the calculations kha, the amounts you listed come as a nice surprise.
As we all know, Vanadium is the 20th most abundant element in the earth's crust, yet there are only 3 Vanadium mines outside China and Russia.
Titanium. Just like our sp is "as cheap as chips" (English expression). it is the 9th most abundant element, and there are many mines producing it throughout the world.
And Largo want to spend more than $100m to compete with this.........?
https://metalpedia.asianmetal.com/metal/titanium/resources&production.shtml#:~:text=The%20most%20important%20mineral%20sources,Africa%2C%20India%20and%20Sierra%20Leone.
IMHO as I've suggested many times should stay with what they know best, and become verticallly integrated (there I go again). A $10m electrolyte plant would be a good start.
They are far behind Bushveld when it comes to VI but it is not too late as Energy Storage and VRFBs are just beginning to take off, and if Busheld are awarded a part of the South African Eskom tender for ES we can expect the price of V to take off as the demand for V increases. This is without the expected demand from the Saudis who are building a VRFB plant.