Vanadium Resources Ltd. (AU:VR8) has released an update.
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Vanadium Resources Ltd., holding an 86.49% stake in the Steelpoortdrift Vanadium Project, continues to highlight its ‘World-Class’ status based on a 2022 DFS revealing a significant A$1.9 billion NPV. The company has proposed consolidating its concentrator and SRL onto a single site, potentially impacting future DFS results. Despite the changes, Vanadium Resources remains committed to maintaining transparency regarding its mineral resources and ore reserves.
For further insights into AU:VR8 stock, check out TipRanks’ Stock Analysis page.