AVL 6.25% 1.5¢ australian vanadium limited

ann out, page-4

  1. 1,576 Posts.
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    I'll give credit where it is due. This is a good announcement for shareholders. Management appear to be looking to add real value to the share price.

    In regards to the comment vanadium is now at $10 we should see some action, I suggest you look at a chart of the price of vanadium. Although $10 is a good price still, the price of vanadium has been dropping over past couple of years after hitting a high of $26 per pound.

    Like I said $10 per pound is still a good price however the high-highs brought on by the chinese requirement it be in steel has past. It does seem to be dropping back with more exploration.

    Good luck guys best news in a good while.
 
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