AVL australian vanadium limited

Ann: Project Lumina Progress Confirms Improved Competitiveness, page-36

  1. 20,739 Posts.
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    Hi alecfra.

    Are you being serious?
    The reason I ask is because - so far - volume is only a third of yesterday’s and the ASX VWAP- the volume weighted average price- is about the sane, ie a tad under 0.012c a share; https://stocknessmonster.com/trades/avl.asx/

    So-so far still a positive change.

    As far as anyone rushing in to buy shares goes; it has been flagged the Lumina project is likely to need funding of around $200m beyond the $150m State pledge.
    I think the market is waiting on news of
    1) Lumina FID and, if yes, then
    2) Funding arrangements - ie who, how much and- - if an equity raise is required- what price.

    cheers
 
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