AVL 0.00% 1.4¢ australian vanadium limited

20 c party, page-14

  1. 9,774 Posts.
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    I'll kiss you on the knob if AVL ever reaches 20 cents.
    It ain't ever happening.
    6.5 billion shares now BEFORE any capex finance? 20 cents = $1.3 billion company. Pre development. LOL

    You still need $800 million in capex, if you go wild and assume $500 million in various gov cheap debt schemes, you still need $300 mill in finance - which puts your shares on issue well over 10 billion and more likely 15 billion.
    The two managements are in survival mode - hence the merger. If this EVER hits 5 cents pre development bite the hand off the fool offering it IMHO.
 
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