That DFS from TMT is back in August 2019. While it uses a very similar price for Vanadium Pentoxide, inflationary impact on production costs and the then AUD/USD exchange rate of only 0.70 (the Aussie dollar is now trading around 10% higher, at 76.5c against the greenback) means the NPV for that project will almost certainly be 15-20% lower today than the estimated $1.32B back then.
I'm not sure when TMT is expected to go to production, and there's an argument that it represents better value at this market cap of circa $120m but all in all, I don't see that it is that much more compelling an investment than AVL.
That DFS from TMT is back in August 2019. While it uses a very...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $145.5K | 8.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31350 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 7832891 | 28 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
1.6¢ |
Change
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.6¢ | 5697434 | ||
| Last updated 15.49pm 16/05/2024 ? | |||||
| AVL (ASX) Chart |