AVL 6.25% 1.5¢ australian vanadium limited

Forecasts and ‘parties’, page-16

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    it’s important to take what they say with a pinch of salt. Very rarely do small cap teams keep to their time frames. Sometimes it’s their doing and sometimes it’s not. So if they say end of June then realistically push it out another quarter just to be conservative. Of course, I could well be wrong but just judging on the history I’d say I may not be. I am not sure about the recent selling etc but there’s every chance RCF would love to gobble up shares at a lower price if possible. They wouldn’t invest in this project if they didn’t believe in it in the medium to long term. They’ll get their money back in multiples that’s for sure.
 
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