Running Discussion on SP, page-73

First 73 Last

Share
Profile

Follow
hagetaka

6,201 Posts.

1020

26/07/18

13:00

Post #: 34574540
Share

Originally posted by Bermuda007 ↑

It's been a great week no doubt! I must admit though I agree with the parts of the quote above. No doubt the PFS will back up shareholder claims that this mine is not only viable, but will make an insane amount of money. However, to me VA seems like the type of CEO that will not want to use inflated numbers and unrealistic targets to get a short term pop in the share price from uneducated punters (while those in the business who understand the figures laugh behind his back). Because of this I'm not expecting too much too soon.

Believe me, this is a strategy used by some companies (a few many on here may be familiar with) and a couple I even own!! But from everything I've heard VA say he seems to be in this industry for the long haul and has every intention to mine this property and get the maximum return for the shareholders (he is one too remember!). Some companies are known for having the "for sale" sign in the window because everyone knows they won't get to mining without giving away the farm. Their one and only goal is to boost the share price (by any means necessary) so they can jump ship at an inflated price if a wood duck happens to stroll past. Unfortunately in 2018 there just aren't any of those IMHO. They should be spending far more time value adding for a potential purchaser rather than announcing Fantasy Land predictions that get torn apart by the experts (and cheque holders) anyway.

So I think it will be very interesting to see what numbers VA uses in the PFS compared to some others. I believe he'd want to get serious partners in ASAP and if he comes up with a nonsense PFS (like using a $25 vanadium price for the next 40 years) he'll only look like a fool and won't be taken seriously by the big players in this space. As a member of some of the most influential Boards for vanadium he's actually got a reputation he'd like not to ruin I'd bet.

I still believe that AVL will be bought out eventually. You just don't have this type of quantity and these high grades and go un-noticed. Just look at the money Bushveld Minerals is making!!!! If you're a top tier steel producer why would you even consider going to market to keep up with your demand when for pennies on the dollar you could just buy a company like AVL in a great jurastiction and satisfy that demand for the next 50 years! Luckily for us VA is South African and is no doubt extremely familiar with Bushveld and what their bank balance must look like.

OK enough from me..........

Expand

"Because of this I'm not expecting too much too soon."

After reading details from the MOU announcement, I'm expecting production by the end of 2020.

AVL Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Australian futures higher as Wall St remains positive on a rate cut | September 13, 2024

3 stocks with antimony news on Thursday

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news

CU6

Clarity progresses SECuRE trial with positive safety results

There are more pages in this discussion • 19 more messages in this thread...

First 73 Last

Add AVL (ASX) to my watchlist

(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $120.8M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.4¢	$5.787K	405.3K

Buyers (Bids)

No.	Vol.	Price($)
15	12915470	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	14028350	46

View Market Depth

No.	Vol.	Price($)
1	109065	0.015
14	13039463	0.014
28	8064031	0.013
27	6739564	0.012
12	4502381	0.011

Price($)	Vol.	No.
0.014	109066	2
0.015	13886169	47
0.016	16533024	22
0.017	7057166	20
0.018	4564118	11

Last trade - 16.10pm 12/09/2024 (20 minute delay)

AVL (ASX) Chart

Running Discussion on SP, page-73

ASX Market Open: Australian futures higher as Wall St remains positive on a rate cut | September 13, 2024

3 stocks with antimony news on Thursday

GTI extends uranium mineralisation at Lo Hema through development drilling

Chalice jumps on Putin nickel export ban threat – but then there's bad news

Clarity progresses SECuRE trial with positive safety results

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Running Discussion on SP, page-73

Top Stories

ASX Market Open: Australian futures higher as Wall St remains positive on a rate cut | September 13, 2024

3 stocks with antimony news on Thursday

GTI extends uranium mineralisation at Lo Hema through development drilling

Chalice jumps on Putin nickel export ban threat – but then there's bad news

Clarity progresses SECuRE trial with positive safety results

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News