AVL 6.67% 1.6¢ australian vanadium limited

My LT target is 10c. Not saying I will sell then. But will see...

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    My LT target is 10c.

    Not saying I will sell then. But will see how the story is developing if, and when, we get there.

    $1 puts us at about 240% of the valuation of TNG by Breakaway Research once TNG transitions into production.

    We know we have greater resource than TNG, on a graded basis. We know the higher the grade, the less capex and opex costs, generally. TNG have Divan and are also moving towards an integrated strategy, similar to AVL.

    My LT target is based on where TNG are now and taking into account the huge difference in shares, listed and unlisted. AVL is over 1.6 billion. TNG under 800m.

    Care to share any insights into why your LT AVL target is more than double the research report LT TNG target?
 
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