Ann: Vanadium Energy Storage Installation-AVL.AX, page-67

Or a 30 percent loss if you got in 1 month ago.
AVL's distribution business maybe worth 1 million tops! They have sold one battery, which was more than likely at a loss. Even at 30 percent margins, which i highly doubt, they would have made 50 grand.
More than 1 billion shares outstanding, 450 million options. These guys hand out shares like the FED hands out cash.
A tenement in the middle of nowhere, with poor infrastructure and the chances of getting finance for this project are next to none.
No money on exploration spent in the last 12 months, just large admin costs.
They do not own any of this technology, just have a couple of MOU. in place. If the battery business does eventually take off, bigger players would enter the market and margins squeezed even further.
How this could possibly have a market cap of 22 million is beyond words. A banker would value you this company at 5 million tops including their current cash position.

I was not going to comment and i was just making a joke to OZ. But because you asked....Good luck touchy one! Anyway, to be fair. OZ is not coming back to it hits 3 cents so i will not be back until it hits 1 cent.

Bye for now, see you soon.