Shareholders and friends,
As the price of Gold plunges, we thought it might be a good time to let you know that Vanadium pricing presently remains strong.
Metal Bulletin currently reports vanadium pentoxide pricing firmly at US$6.40 - $6.70
We remind you, that in our latest Economic Assesment (full report available here) we used the 3 year average price of US$6.37 to calculate an IRR of 26.3% and a project NPV of US$554 million.
Industry analysts also remain bullish – Roskill Information Services recently forcasted that pricing would reach US$9.90 by the end of the year!
Here’s a reminder of our sensitivity to the vanadium pricing:
Hope you all have a great weekend!
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Phone 416-861-9406
Email info@largoresources.com
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Largo Resources Ltd
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EN DÉVELOPPEMENT |
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CODE : LGO.V |
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ISIN : CA5171031076 |
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Largo Res. est une société d’exploration minière d'or et de cuivre basée au Canada. Largo Res. est en développement de projets d'or, de cuivre et de tungsten au Bresil, et détient divers projets d'exploration au Canada. Son principal projet en développement est CURRIAS NOVO au Bresil et ses principaux projets en exploration sont MACUCHI en Equateur, MARACAS au Bresil et NORTHERN DANCER au Canada. |