AVL 0.00% 1.5¢ australian vanadium limited

Ann: AVL Extends Vanadium Processing Plant Land Option, page-6

  1. 1,820 Posts.
    lightbulb Created with Sketch. 913
    Details matter.

    If a company doesn't have the small stuff sorted, what are they odds they've missed something in the big stuff? (there's a typo in that press release, too BTW - sloppy, and if it were a number in a govt. application, possibly critical).

    For my money, it is downright strange that 50 years after metrification, a press release for a company pushing future tech, has used imperial not SI units. And it's not even like those acres optioned were a neat number - which would have been a barely acceptable reason to maintain that measure.

    Yes, the renewal **is** important, because it telegraphs at least a 12 month delay to the timeline that was set when they first optioned the land. (Did you join those dots?) But for me, an LT holder, it's just another canary in a coalmine of a slew of delays by $AVL that do not seem to be leading to any measurable investment decision conclusion. Spoiler alert: if the V price is at current levels in 12 months time, we will likely see **another** extension to the land option... if we still have cash in the bank.


    GLTAH - DYOR
 
watchlist Created with Sketch. Add AVL (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $129.2M
Open High Low Value Volume
1.5¢ 1.6¢ 1.4¢ $315.8K 21.04M

Buyers (Bids)

No. Vol. Price($)
44 7862293 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 1739969 1
View Market Depth
Last trade - 15.55pm 15/08/2024 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.