Ann: Achievement of Ultra-High Purity 99.9% Vanadium Product, page-10

The above announcement means absolutely nothing until AVL puts an Opex Figure against what $$ its cost to produce the 99.4%

Under the Geraldton strategy the V205 costs was $6.83 to produce the V205 on its own at from memory 99.4%. (before the assumed $2.40 credit)

What is the additional cost to get it to 99.9%?? ($6.83 plus $X.XX)

Although heading in the right direction the AVL project before the merger is at the wrong end of the cost curve to get finance.

The Yarrabubba AVL+ pit and processing at GVP should significantly lower the opex cost per pound.

IMO

DYOR.