AVL 0.00% 1.6¢ australian vanadium limited

Ann: Achievement of Ultra-High Purity 99.9% Vanadium Product, page-11

  1. 17,873 Posts.
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    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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1.6¢ 1.7¢ 1.6¢ $16.91K 1.053M

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33 5493873 1.6¢
 

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1.7¢ 5652130 21
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