AVL 5.88% 1.6¢ australian vanadium limited

I have just reinvested (bought accidentally due to old order...

  1. 219 Posts.
    I have just reinvested (bought accidentally due to old order filled). Have not followed for a while (apologies if q's answered previously) however, am I correct in saying:

    ~9M Market Cap with ~3.2M cash, best grade (^Jumbo) Graphite in the area. CEO (same chap who brokered the gildemeister deal) just promoted further to board on performance. Stale air breathed out and 25% below Cap Raise;

    if I am correct - where is the downside?
 
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