AVL

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1.5¢ australian vanadium limited

The way forward for AVL+, page-25

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Hawk70

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30/04/24

08:32

Post #: 73571894
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Originally posted by my247shop: ↑

Do you think the resource update is of huge significance ?....Everyone knows there is ore for many decades.
Electrolyte plant had a lot of fanfare but no uptick.
The approvals, financing and FID are significant items.
As long as RCF are on board, we should be comfortable with our investment, but I agree that it's like watching the grass grow.

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Originally posted by RhysT: ↑

Agree with the above.

Even if they can't keep to the timeline (within a week, maybe 2 weeks of it max), then the day it was due we should expect some form of communication from the company regarding why it won't be ready for another few weeks.

Honestly I would even settle for that, and don't think it's demanding a lot. Especially with the history of timelines not met coupled with shareholders left in the dark, no reason not to be more open to build some much needed trust.

If however, we get radio silence, then to me that says a lot for what to expect in the future.

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Originally posted by alecfra: ↑

IMHO the importance of the upgrade will depend on the by products that can be easily recovered....this will allow reduction of costs in a meaning full manner ....IMHO overall tonnage is not a problem add the two deposits together we have over 50 years at 13000tpa....it will be important to start off in less oxide resource/.....TMT orebody was generally better and uses conventional equipement......AVL say repeatedly 1+1=3

=1

=3
=1

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Nope, update not done. Must have been delayed by that 5 day trip to Switzerland.

AVL Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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The way forward for AVL+, page-25

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