Your Statement:
"Nonetheless, this marks an ending for the crappy Blessie project and a new beginning for our world class **bie Vanadium Project."
Announcement:
"The Company has elected to proceed with exploration work, including limited metallurgical testwork and 3D geological modelling, to complete a 2012 JORC Code resources estimation."
And that is where you are wrong imo. It does not mark a ending. Blesberg is a crappy Project with Little to no hope to give AVL any gains if you ask me. But the announcement clearly states that they elected to proceed Exploration work. Correct me if I am wrong but I think they should Focus all they got on **by..... That is why I think this announcement is worse than People think because the rise in SP is most likely due to Vanadium und **by and not Blesberg, which People don't seem to appreaciate too much.
Maybe reading too much into this, but this is what caught my eye.
Happy with the SP though, hoping this will hold now.
Ann: Conversion of Class A Performance Rights, page-5
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $137.8M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $110.4K | 6.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 16951392 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 6685450 | 22 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| AVL (ASX) Chart |