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Tando takes RSA vanadium scoping on capital raising hunt

TANDO Resources is on the capital raising hustings with a scoping study in its hands showing a vanadium project in South Africa that could cost US$20 million to build and which could generate annual earnings of between $9.4-17 million.

Michael Quinn
Tando scoping the resource at SPD, South Africa

Tando scoping the resource at SPD, South Africa

The wide range for the earnings estimates are a reflection of pricing uncertainty for vanadium, with demand increasing due to better quality steel being required in China, and potentially ratcheting up...

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