I wouldn’t write off Richmond (RVT). They are quite active & progressive, and have significant backing from both govt and via links with Trina & Dalian/Jongke. Apparently they also have some new process to get their vanadium from concentrate to electrolyte.
And with Labor desperately needing Qld seats, who knows what extra support might be offered pre election.
They are well into BFS and enviro stages as well.
I’ve chucked some money into RVT shares - I don’t see any major conflict in having different east & west coast vanadium operations.
And any company that is frugal with their cash, especially pre-production, is good to me. Richmond does seem quite careful.
AVL Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
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