I don’t understand your criteria for “it means nothimg” Troy.
As I remember you believed the fact TMT’s Yarrabubba deposit was 'grid locked’ by AVL tenements meant nothing in terms of giving a valid reason to merge with AVL - this view is taken from the fact you forgot to mention it in your - otherwise useful - summary of comparative values last year.
And yet this was a key rationale according to the SOA document.
And explorations along the previously inaccessible Southern boundary have already proved useful [ref].
I don’t think this announcement “means nothing” either.
I see it as reinforcement that AVL is ticking boxes, working on value adding behind the scenes and as Graham said, aiming aiming to strengthen AVL’s competitive advantage.
And also it’s a nod to some of those important behind the scenes people upon whom our various investments are riding;
“Our distinct advantage as a business continues to be our outstanding technical and economic vanadium processing acumen and I commend the team for the work undertaken to create and substantiate a new pathway for additional value creation.”
And the market liked it because we’ve seen more than 33 million shares traded so far today at that important average of 1.7c - more than 6% higher than yesterday’s close!
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Ann: Achievement of Ultra-High Purity 99.9% Vanadium Product, page-11
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $90.66M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $20.67K | 1.898M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 6093802 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 10398451 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 6093802 | 0.010 |
53 | 18763309 | 0.009 |
77 | 23258824 | 0.008 |
23 | 9607159 | 0.007 |
11 | 12906993 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 10398451 | 31 |
0.012 | 7163606 | 21 |
0.013 | 7737513 | 20 |
0.014 | 5734870 | 13 |
0.015 | 6504853 | 14 |
Last trade - 14.01pm 08/08/2025 (20 minute delay) ? |
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AVL (ASX) Chart |