RE:RE:RE:Bushfield’s Fortunekha341 wrote: Clipper2 wrote: Largo report production in tonnes of V2O5 which is only 56% Vanadium by mass, and their costs are reported in dollars per lb.
Using a rough production for Largo of (12,000mt x .56%) we get 6720mt. Therefore, Largo is producing approx. 50% more than Bushveld.
Very rough calculation,
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From Largo Corporate Presentation April 2021 (notice “V2O5 Equivalent Production” and V2O5 Equivalent Sales)
Compared to Bushveld 2021 Guidance:
"Estimated Group production of between 4,100 mtV and 4,350 mtV in 2021, a 13 per cent to 20 per cent increase relative to 2020, with volumes weighted towards the second half due to a 35-day maintenance shutdown at Vametco during Q1 2021..."
Conclusion: Largo V2O5 Production is about 3x bigger than Bushveld's. Furthermore Largo Head & Concentrate Grades (in % V2O5) are also way better.
