Agree, there's a few on here (mainly the short term traders) who mistakenly think that the BFS numbers in bold (the central case) are the be-all and end-all. They're not.
If the vanadium price increases to $14 or $15/lb and stays there, the project economics totally change. Pre-tax NPV at those prices will be circa $2B or more. So at 8c a share, plenty of upside here.
Also, holders of other competitors in the space need to understand that any feasibility studies done pre-2021 are obsolete. No point comparing this BFS (where up-to-date and current production cost pressures are built in) with other studies from two-plus years ago.
Ann: Bankable Feasibility Study for Australian Vanadium Project, page-168
Add AVL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $129.1M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.6¢ | 1.4¢ | $163.2K | 11.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1391376 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 8821657 | 25 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.6¢ |
Change
0.001 ( 14.8 %) |
||||
| Open | High | Low | Volume | ||
| 1.5¢ | 1.6¢ | 1.4¢ | 6336746 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| AVL (ASX) Chart |