They haven't released the updated OFS, so we can't know for sure what maths they've used.
I deeply suspect Tenindewa has got the nod, besides reduces transport costs for chemical reagents, water, gas, and lower staff wages/accommodation costs, because of it's proximity to Geraldton.
Why do I think that's important?
In Western Australia, you have a 1 in 48 chance of being a victim of crime, which is already well ahead of the national average of 1 in 95.
In Geraldton this number is 1 in 7. Seven times higher than the WA average, and 13.5x the rest of Australia as a whole.
Geraldton ranks as one of Australia's most crime-affected postcodes.
One of the best ways to fight crime is to provide people with employment. Providing employment is a key criteria for NAIF (Northern Australia infrastructure fund that operates in WA/NT/QLD) and ARENA.
AVL have already had ICN Gateway visit the electrolyte facility. I engage with ICN through my work, not only will they try to get AVL onto BESS projects, they will also help AVL employ disadvantaged people such as Indigenous Australians, people with disabilities, people who have been incarcerated etc.
In my opinion besides reduced transport costs for gas, water, chemicals etc., Tenindewa opens us up to a plethora of different funding options.
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They haven't released the updated OFS, so we can't know for sure...
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $77.71M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $165.3K | 18.33M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 5959582 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 22077621 | 47 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 5959582 | 0.009 |
27 | 11732836 | 0.008 |
13 | 5706940 | 0.007 |
8 | 12766830 | 0.006 |
13 | 18608888 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 22077621 | 47 |
0.011 | 6063739 | 25 |
0.012 | 11171364 | 24 |
0.013 | 5217896 | 26 |
0.014 | 5247688 | 11 |
Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
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