Good surmise GC,
IRC's share of Vanadium with 25% stake is 5m/tons of van metal worth around a cool A$220 billion in ground at today's values, where as Tritons 100% owned Nicanda Hill is approx 4.35m/tons of contained vanadium metal also worth currently around A$191 billion, so not too far behind in the coming high stakes game with TON's advantage being that the main focus at Nicanda Hill is still the high grade graphite resource, as a very big plus.
All three IRC, KRC and TON are mega deposits and will be interesting to see how mining and processing studies stack up, and which presses go first. Have been watching KRC for some time at Speewah in the Kimberley and note the recent uptick as this giant deposit comes more into focus.
But the real question is just how much Vanadium & Graphite will the world need in the blossoming energy storage world?
Cheers
mamba
TON
Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held
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