AVL 6.67% 1.6¢ australian vanadium limited

Great job - $3.0M raised, page-5

  1. 1,843 Posts.
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    I couldn't agree more sink, but lets not forget that regardless of the potential of vanadium in the battery market, IMHO we'll have absolutely no problem in selling our high grade product to the steel industry if they aren't quite ready. That's the absolute beauty of vanadium. Unlike so many other materials gathered through mining, V is not a one trick pony! Sure I'd like to think AVL will be supplying just the renewable energy sector, but if we're early let's just find the next AVL that's a few years behind us now. Heck if that company appears, then I say we just buy them out when our share price does what TNG's did and double our fun! That's one of the reason's I'm surprised TNG haven't made a push for this company (hopefully they don't). Sure they're ahead of us at the moment and despite the very different grade in their material, they too can just sell to the same place 90% of vanadium goes now! However, is the battery sector ready for them so soon?? I'm really liking our timing in all this!
 
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