AVL 0.00% 1.4¢ australian vanadium limited

HC reply glitching again so have to tag you @Bermuda007.You...

  1. 207 Posts.
    lightbulb Created with Sketch. 123
    HC reply glitching again so have to tag you @Bermuda007.

    You probably could say that, if part of the architect's brief was to not only design the house, but to also finalise a turnkey contract to construct it, quote to construct it, plus scout for locations for you. If their pricing was competitive, you could turn around and award them the contract, saving a little time because they already "know" the design.

    Funds needed for the V Electrolyte plant ~A$7.4M less the A$3.69M grant leaves A$3.71M for AVL to fund.

    From the Annual Report "Cash at the end of the financial year $26,443,986" (30/6/22)

    From the 28/1/22 "Application for quotation of securities - AVL" until the latest one dated 23/9/22, it appears 225,210,204 options have been exercised, at $0.025 that's ~A$5,630,255. If exercise continues at similar rate say 28M per month until expiry 18/12/22 say 2.5 months would equate to ~A$1.75M. If the whole remaining 321,140,427 options are exercised that's ~A$8M. It will probably be somewhere between those figures.

    IMO funding the electrolyte plant will not be an issue.
    Last edited by jgbit62: 03/10/22
 
watchlist Created with Sketch. 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¢ $20.85K 1.430M

Buyers (Bids)

No. Vol. Price($)
23 6036234 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 5424828 17
View Market Depth
Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
1.4¢
  Change
0.000 ( 2.78 %)
Open High Low Volume
1.5¢ 1.5¢ 1.4¢ 1875566
Last updated 15.56pm 01/05/2024 ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.