I previously held $AVL, and recently just took up a position again.
Excited about the ST & LT prospects of this company, and the underlying commodity that is vanadium which is clearly very bullish atm (and still under-valued IMO). With China's production issues for the commodity, I believe vanadium prices still have legs to run.
I like AVLs non-binding agreement with win-win (yet, I am hoping it turns to binding soon enough) which positions the company to focus on vanadium for steel manufacturing rather than vanadium redox flow batteries as a revenue stream. However, I believe we are on the brink of vanadium redox flow batteries getting their well-deserved spotlight as a source of energy for stationary batteries. $AVL is in the driving seat for this development.
Furthermore, this alluded resource update and impending PFS looks promising in terms of the SP and the companies future.
Glad to be back.
Good luck all.
AVL Chart, page-1023
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $111.3K | 7.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 28937019 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 14661652 | 28 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |