AVL 0.00% 1.4¢ australian vanadium limited

Agree that we can't be raising money this low any longer but...

  1. 2,180 Posts.
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    Agree that we can't be raising money this low any longer but most MD's will take the cash any way shape or form unfortunately.

    I assume Vince took the money whilst on offer, even though I was under the impression none was needed.
    Would rather see next raise at 8c: with the right off-take/battery MoU partners, resource upgrade, pentoxide price explosion, PR and viable PFS, a $100MC would not be greedy I would have thought.

    Options are listed so have been trading at 0.9c-1.1c when SP at 2.0c. [correct me if I'm wrong there]
    More like a 100% return: lucky guys.

    Can't say I'm overly impressed but they obviously needed it.
    D;
    Last edited by happyonlithium: 27/07/17
 
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