Ann: Quarterly Activities Report, page-58

Hi Wasa

You have been around as long as anyone so anything you have to say is well and truly taken on board.
With the numbers as I've put belong, It's looking a lot more grimmer to see some serious shareholder improvement with the no doubt future cap raise's that will come along to smash it around a bit more.
With a market cap of $28.23 Mil I can only think that it is so way under valued. If we were able to get some traction on building the Bloody thing it would have to have a M/C a little more like in the hundreds of millions. Yes dilution has now killed of the big share value changes but we could still look to a 4 - 5 cent share with a 200 Mil M/C there about's. I know that there will be heaps of holders not to pleased with that, but it's so long now, I'm not wanting to keep my head in the clouds anymore.
A lot has to do with the Vanadium price that is current.
I'm sure Vince is holding back in the hope it lifts again so as to get the best outcome for the finance to build.
Ok now that I've put it out there... Come and throw rocks at me. Then read my moto at the bottom.
AVL Statistics

18 August

ASX Size Rank 1,349 / 2,230
Market Cap $28.23 million

1yr Return -21.43%
Share Issue 2.57 billion
vs ASX 200 (1yr) -16.11%
All Ords (%) N/A
vs Sector (1yr) -34.90%
Short Sold
0%