Ann: Bankable Feasibility Study for Australian Vanadium Project, page-329

Macquire says valuation upside remains for Lithium and Rare Earths, including Vanadium.

https://**promotion blocked**/resources/high-voltage-macquarie-says-valuation-upside-remains-for-asx-lithium-rare-earths-miners/

AVL is the best Vanadium play on ASX. Only one recognized by the Government - period.

While some argue against AVL having a larger SOI that supports excellent liquidity driven by the free float, no one wants to touch a stock that hardly trades. The key reason investors buy stocks is the ability to quickly convert them to cash without having to pay a discount for lack of liquidity. If you are in illiquid stocks, then your investment is against a key fundamental of investing in the stock market.

I do not want to mention names but investors do not want to touch a stock that does not trade enough. I have burnt in the past, having invested in illiquid stocks.