AVL

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1.5¢ australian vanadium limited

WTF BFS?, page-36

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Therookie88

2,696 Posts.

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23/02/22

21:12

Post #: 59772764
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Originally posted by jskf: ↑

https://hotcopper.com.au/posts/59618371/single

@NinefingersAs I posted recently, and have copied and pasted here for you to have a read :

The approvals are the approvals.
They are a pain in the ass consuming time, money and resources and are nothing new and have always been a part of the mining approval process since mining in Australia began.
It’s basically a matter of WHEN they are granted after all hoops have been jumped through, not IF, as they are in the hands of recognised professionals.
So one way or another they are in there with the EPA and will inevitably be sorted.

A few months here or there either way on approvals will make little to no difference in the overall outcome, especially considering how long we have been waiting for this famously now well and truly overdue BFS.

Also realise that no other project in the Vanadium space is even remotely close to warming up the dozers and breaking ground yet, and It's actually not a race it's about getting this, THE AVL PROJECT financed and mining !

The most important thing is for the BFS and AVL / VSUN's business activities to attract financing / funding whatever is required to take the next step.As was said in the famous movie The Right Stuff - “No Bucks ….No Buck Rogers”
It’s very much about attracting the $$$$$ from there onward.

That will be the job of the BFS and the AVL / VSUN management teams ……. with one real big chance to do it right.
We’ve been told that’s why the BFS has taken so long and will not be released until they have complete confidence in it giving the company the best chance of obtaining finance.

No point doing repeated feasibility studies over and over and over ad nauseam as we have seen others do, tying to “spice it up” and fill holes each successive time and in the end never getting anywhere.
There are more than enough ASX small caps that have followed that path for years if not decades and still have gotten no-where.

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ur last paragraph is absolute comedy gold

AVL Price at posting: 3.3¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

3 Great analysis

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WTF BFS?, page-36

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WTF BFS?, page-36

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