I don’t understand your criteria for “it means nothimg” Troy.
As I remember you believed the fact TMT’s Yarrabubba deposit was 'grid locked’ by AVL tenements meant nothing in terms of giving a valid reason to merge with AVL - this view is taken from the fact you forgot to mention it in your - otherwise useful - summary of comparative values last year.
And yet this was a key rationale according to the SOA document.
And explorations along the previously inaccessible Southern boundary have already proved useful [ref].
I don’t think this announcement “means nothing” either.
I see it as reinforcement that AVL is ticking boxes, working on value adding behind the scenes and as Graham said, aiming aiming to strengthen AVL’s competitive advantage.
And also it’s a nod to some of those important behind the scenes people upon whom our various investments are riding;
“Our distinct advantage as a business continues to be our outstanding technical and economic vanadium processing acumen and I commend the team for the work undertaken to create and substantiate a new pathway for additional value creation.”
And the market liked it because we’ve seen more than 33 million shares traded so far today at that important average of 1.7c - more than 6% higher than yesterday’s close!
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $137.7M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $16.91K | 1.053M |
Buyers (Bids)
No. | Vol. | Price($) |
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33 | 5493873 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.7¢ | 5652130 | 21 |
View Market Depth
No. | Vol. | Price($) |
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33 | 5493873 | 0.016 |
65 | 19711876 | 0.015 |
33 | 7288724 | 0.014 |
43 | 12326184 | 0.013 |
21 | 8343315 | 0.012 |
Price($) | Vol. | No. |
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0.017 | 5652130 | 21 |
0.018 | 8252598 | 30 |
0.019 | 5859034 | 11 |
0.020 | 9488897 | 17 |
0.021 | 9100000 | 2 |
Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
1.7¢ | 1.7¢ | 1.6¢ | 793750 | ||
Last updated 15.14pm 28/05/2024 ? |
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