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CO Nick lse
The V2O5 price has increased again.

The Chinese price is usually quoted including VAT, so a fairer value is just under $32. Let’s use $31.50 per lb.

Forecast annual production per PFS - 9,525 tonnes V2O5.

OPEX $7,200 per tonne.

Chinese V2O5 price today at $31.5 per lb, is $69,300 per tonne.

Therefore gross profits of $62,100 per tonne.

That gives $591m pa gross profits.

That should give just over $500m net profits, after royalties, depreciation and admin costs.

Our share 64%.

Mokopane Post tax NPV at $31.50/lb has just gone through $3 billion!! (at $3.012 billion).

Bear in mind these figures are for a small proportion of the Mokopane resource (about 1/6).

Incredible figures and an incredible resource.

Bring on that mining licence.
Please! :)