AVL australian vanadium limited

Ann: AVL Completes Second Successful Drilling Programme, page-9

  1. 1,904 Posts.
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    It is "not bad", so you can probably consider it "good".

    It's not that "nothing significant" was found, it is that was was understood to be there is now more measurably there.

    "We" probably expected it, but off-take investors need it to be proven. In more areas of the deposit, it now is (but there's a lot more looking to be done).

    The price will, IMHO, remain in the doldrums until we get significant news - i.e. firm numbers on lower OPEX, serious interaction with off-take customers, or an upswing in the V price.

    GLTAH - and Merry Christmas, too.
 
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