AVL 0.00% 1.6¢ australian vanadium limited

Ann: Option Agreement for Location of Vanadium Processing Plant, page-28

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,136 Posts.
    lightbulb Created with Sketch. 18356
    That is not the case. The gas pipeline allows for connections to it, but spurs are generally funded by the miner, unless a third party or the pipeline owner see an advantage for themselves to do it. Given the extension will likely be regulated by the Economic Regulation Authority of WA, meaning access tariffs are capped, I doubt the pipeline owner would build/finance the spur itself and have the risks associated with building for a single supply source miner. So pipeline funding to TMT, for example, will be by the miner IMO.

    In terms of why, suspect the main benefit to AVL is reduced finance cost in a period where finance is difficult for explorers wanting to be miners. It is a capex funding considerations as against opex cost consideration IMO here as to why mainly.
    All IMO
 
watchlist Created with Sketch. Add AVL (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.000(0.00%)
Mkt cap ! $138.1M
Open High Low Value Volume
1.6¢ 1.6¢ 1.6¢ $31.38K 1.963M

Buyers (Bids)

No. Vol. Price($)
73 16062227 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 7671052 6
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.