of course explorers need to raise until they are ready for next phase...I hold Stavely minerals (copper) since 2016 at 2016 they had 150 million shares at 2023 they have just under 300 million ..Double... Copper still important globally also
Yes we have been growing but we have quadrupled plus soi...is exploring vanadium more expensive than looking for copper ? or has some the finances been spent on overseas junkets and other non productive expenditure in the past.
I hold 3 V plays and 2 copper plays and each company (bar SVY) is in this transition from explorer to producer but being "red tape strangled" by GOVT departments...
Ann: Application for quotation of securities - AVL, page-10
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