Combined Measured and Indicated high-grade vanadiumresource of 38.8Mt at 1.11% V2O5» 11.3Mt at 1.14% V2O5 Measured Resources» 27.5Mt at 1.10% V2O5 Indicated Resources.• Strong financial metrics:» Project pre-tax NPV7.5 of A$833M» Equity Project IRR 20.6%» Project payback of 7.3 years after first production» Project annual EBITDA average for 25 years of $175M» Total Project EBITDA of $4.4B.In 2022, AVL was awarded a $49 million Australian Governmentgrant towards Project funding under the Modern ManufacturingInitiative Collaboration stream. The Company received the firstpayment under the grant of $9.8 million in June 2023
AVL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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