This thread is an attempt to list the reasons to invest in AVL. Below are the main reasons I bought into AVL.
Please feel free to add to the list!
1.BFS is impending
2.Potential to increase NPV in the BFS from currentA$909m (pre tax in PFS)
3.Australian Government Major Project Status
4.Potential to tap into the Australian Government’s $2 billionCritical Minerals Facility – like in the case of RNU
5.Awarded A$3.69m competitive grant from theAustralian Government under the Resources Technology and Critical MineralsProcessing National Manufacturing Priority Grant – one of the very few ASX companiesto receive such a grant
6.5kW/30kWh vanadium redox flow battery (VRFB)to be installed to power a water purification chlorinator for Water CorporationWA. Water Corporation is the principal supplier of water, wastewater, drainageand bulk irrigation services in Western Australia.
7.Strong technicaland commercial team with global vanadium experience
8.High qualityvanadium deposit with strong financials 25+ year mine life
9.Highpurity V2O5 averaging 99.5% produced as an end-product from sequential beneficiation,pyrometallurgy and hydrometallurgy pilot programs. Results validate exceptionalproduct quality and finalise BFS process engineering design
10.Western Australian Government Lead Agency StatusCritical and battery mineral Downstream processing to final high-purityproducts in WA
11.A green hydrogen market enabler throughcollaboration with ATCO
12.Vertically integrated downstream processing,manufacturing and installation of vanadium redox flow batteries - a vanadiumsupply growth market
13.Operates in Australia - a LOW RISK SovereignJurisdiction
14.VSUN is seeking other significant commercial VRFBopportunities in Australia - IGO Limited (IGO) to trial vanadium redox flow battery (VRFB) standalone power system (SPS) supplied by AVL subsidiary VSUN Energy at its Nova Nickel Operation.
15.Low OPEX cost of US$ 3.66/lb
16.World class supply chain
17.Coates Project nickel-copper-PGE – Potential Chalice Gold Mines,is situated 20km NNW of AVL’s Coates tenement
18.AVL has signed a Letter of Intent (LOI) withShenglong Metallurgy International Pte Limited for offtake of the iron titanium(FeTi) coproduct to be produced from the Australian Vanadium Project
The list excludes the potential of Vanadium in the green energy revolution and other uses (Longe term energy storage, Vanadium use in re-enforcement steel a major positive impact on CO2 emission reduction, superalloys, 3D printing, Vanadium can also be used in
the cathode of Li-ion batteries, there is no acceptable substitute for vanadium in aerospace titanium alloys etc)
This is not investment advice - DYOR before you invest.
(20min delay)