From the Annual Report
Page 61 shows ) $180,903 capital allocated for Primero’s Design & costing, presumably as part of Stage 1 of the build (ECI) which they have always called part of the “build” process per original award announcement below.
From AVL announcement 27/9/21 “VANADIUM ELECTROLYTE MANUFACTURING PLANT BUILD AWARDED TO PRIMERO Western Australian engineering group appointed to undertake Early Contractor Involvement”
They used the same wording “currently being built in Kwinana” in their 16/3/22 announcement “AVL AWARDED $49MILLION FEDERAL GOVERNMENT MANUFACTURING COLLABORATION GRANT AVL secures significant grant funding to create an Australian green fuelled vanadium industry.”
From AVL announcement 11/8/21 “AVL SECURES VANADIUM ELECTROLYTE MANUFACTURING TECHNOLOGY” “AVL signs agreement with U.S. Vanadium LLC for high purity vanadium oxide supply and technology licence.”Therefore electrolyte plant needs to be completed before ~11/8/23, for this agreement to continue.
From https://www.pv-magazine-australia.com/2021/09/29/plans-for-australias-first-vanadium-electrolyte-manufacturing-facility-move-forward/ article date 21/9/21
Therefore electrolyte plant needs to be completed before ~31/3/24, for this condition to be met.
Current progress appears sufficient, but IMO announcement of the EPC contract finalisation, and its award would need to occur in the next few months to stay on track.
- Forums
- ASX - By Stock
- Ann: Annual Report to shareholders
From the Annual ReportPage 61 shows ) $180,903 capital...
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $120.5M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $95.97K | 6.849M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1728871 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 9435028 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1728871 | 0.014 |
25 | 8844272 | 0.013 |
23 | 4417351 | 0.012 |
11 | 6063225 | 0.011 |
12 | 3426666 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 9435028 | 20 |
0.016 | 11361066 | 26 |
0.017 | 13559783 | 41 |
0.018 | 10990037 | 20 |
0.019 | 9009579 | 7 |
Last trade - 10.59am 02/05/2024 (20 minute delay) ? |
|
|||||
Last
1.5¢ |
  |
Change
0.000 ( 7.14 %) |
|||
Open | High | Low | Volume | ||
1.4¢ | 1.5¢ | 1.4¢ | 6781179 | ||
Last updated 11.49am 02/05/2024 ? |
Featured News
AVL (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
Previous Video
Next Video
SPONSORED BY The Market Online