AVL

5.88%

1.6¢ australian vanadium limited

Solid post red. If AVL get's funding it's 15c overnight and...

First 96 Last

Share
Profile

Follow
Bermuda007

1,843 Posts.

490

04/09/19

10:00

Post #: 40302751
Share

Originally posted by red-frog: ↑

AVL have yet to seek costings from fabrication companies which will be required to finalise the dfs. Detailed engineering design and costings will be handled by an independent expert company once the large scale pilot testing has been completed.

TMT used Wave International to organise the engineering design and costing. Quotes were sought about 3 months ago from local fabrication companies, so we will need to see the pilot testing results soon if the AVL dfs is to be released by the end of this year.

TMT have employed Dave English as Project Director. He’s about as good as they come. He oversaw IGO’s Nova Nickel Project from pfs through to construction and commissioning, SFR’s Degrussa Project and later on the Mt Holland Earl Grey Project, as well as Windamurra. He is known as a doer which is exactly what we need here.

Time for AVL to get moving and ensure they hit their timelines which has been very poor to date.

Project funding is virtually non existent for just about all companies at the moment, so I can’t see AVL having much chance of getting theirs before the dfs is completed. It seems very optimistic to think we can organise funding without knowing just what the capex and opex will be.

TMT have given themselves the best possible chance of securing project funding if the general market conditions improve, now AVL has to get to the same stage.

I think AVL is doing everything properly including the large 30t sampling program to give themselves an edge in the quality of the dfs, but the market won’t really care if all they see is missed timelines and extra costs. It may pay off long term if they release a very comprehensive dfs and are then also just waiting for funding opportunities to present themselves.

TMT are waiting at the starting line and AVL are still putting their shoes on, but as TMT holders have witnessed, the market is showing very little interest in the dfs. Only funding counts at the end of the day.

Hopefully both companies can eventually get their projects funded once the trade war between China and USA gets sorted out. Until then the headwinds are strong.

Expand

Solid post red. If AVL get's funding it's 15c overnight and climbing IMHO. If they can't, then it will be the old "would have, could have and should have" story. Until then......

AVL Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

There are more pages in this discussion • 12 more messages in this thread...

First 96 Last

Add AVL (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change -0.001(5.88%)		Mkt cap ! $137.8M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.6¢	$111.7K	6.944M

Buyers (Bids)

No.	Vol.	Price($)
40	17087735	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	12994517	46

View Market Depth

No.	Vol.	Price($)
38	17025235	0.016
49	20724026	0.015
35	11662212	0.014
26	8974233	0.013
13	5145717	0.012

Price($)	Vol.	No.
0.017	11471247	42
0.018	9126037	21
0.019	3919837	11
0.020	6277270	14
0.021	350000	1

Last trade - 16.10pm 26/07/2024 (20 minute delay)

AVL (ASX) Chart

Solid post red. If AVL get's funding it's 15c overnight and...

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Solid post red. If AVL get's funding it's 15c overnight and...

Top Stories

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News