AEV
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0.00% 1.3¢ avenira limited

Ann: Equity Investment and Strategic Cooperation and Offtake MOU, page-174

  1. growler1969
    7,323 Posts.
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    09/12/23
    10:21
    Post #: 71360215
    Are you asking me to compare AEV to REE in terms of lifecycle?

    I'd say AEV are well ahead, particularly after this past week's announcements. I now believe AEV are more or less funded to kick-off DSO operations pending BOA/s and all the operational contracting. Then it's a matter of how quickly they can mobilise. So March Q 2024 very likely.

    REE on the other hand do not expect to kick off their pre-strip DSO project until FY 2025/26 and their CapEx requirements at $45m are 4x greater than AEV. Very difficult to raise that amount of capital with a $20m MC.

    All imo
    AEV Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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