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Troydt

3,855 Posts.

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25/03/24

16:45

Post #: 73047793
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Originally posted by sabine: ↑

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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Anyone other than you who understands anything will understand exactly what I mean.

As I said it’s a piece of the puzzle but until the final opex figure is applied then we will know the cost per pound to produce the upgraded materials.

if it costs $14 per pound to produce then based on market pricing it is uneconomical.

if it costs $5 per pound to produce 99.9% then it is a home run.

We need $$ numbers to work out the company value. That’s what the market wants to see

Last edited by Troydt: 25/03/24

AVL Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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