REGULATION

Mustang stumbles again

MUSTANG Resources has been forced to walk back a prediction of a potential income of US$60 million per annum from its Caula graphite-vanadium project in Mozambique, after it bungled its interpretation of JORC.

Mustang stumbles again

Its claim that with a hypothetical ore grade of 0.4% vanadium pentoxide and a mining rate of 600,000tpa could generate 2000tpa of vanadium was found to be a "hypothetical statement about grades, production...

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