I don’t understand your criteria for
“it means nothimg” Troy.
As I remember you believed the fact TMT’s Yarrabubba deposit was 'grid locked’ by AVL tenements meant nothing in terms of giving a valid reason to merge with AVL - this view is taken from the fact you forgot to mention it in your - otherwise useful - summary of comparative values last year.
And yet this was a key rationale according to the SOA document.
And explorations along the previously inaccessible Southern boundary have already proved useful
[ref].
I don’t think this announcement “means nothing” either.
I see it as reinforcement that AVL is ticking boxes, working on value adding behind the scenes and as Graham said, aiming aiming to strengthen AVL’s competitive advantage.
And also it’s a nod to some of those important behind the scenes people upon whom our various investments are riding;
“Our distinct advantage as a business continues to be our outstanding technical and economic vanadium processing acumen and I commend the team for the work undertaken to create and substantiate a new pathway for additional value creation.”And the market liked it because we’ve seen more than 33 million shares traded so far today at that important average of 1.7c - more than 6% higher than yesterday’s close!
(20min delay)