1. I am guessing a sabbatical or awaiting a new role/opportunity given I haven't seen his name pop up anywhere.
2. Vanadium price won't be at $5USD/lb for long. The long term average is $8USD/lb which is not inflation adjusted, in reality it is something like $10USD/lb. Currently Largo (world's cheapest primary producer) has costs at almost $6USD/lb.
The market probably creeps back up to $7USD/lb, and AVL can release a OFS with a price of $8USD/lb and quote something credible like World Bank for that price. At the moment, they would be using something 60% higher than the market price which wouldn't sit well.
Financiers would be able to do their own maths and work out how much revenue this makes a year.
AVL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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