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Ann: Preferred Tenderers Engaged to Progress MTMP Implementation, page-19

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Gollada

1,547 Posts.

307

10/03/23

11:40

Post #: 66696032
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Originally posted by WoodySpoon: ↑

AVL is $140 mill because it is the Aardvark Australian Vanadium Company. First in the phonebook. Total baggie stock that one. Even if it does get up, (and it might well in two years), the SOI is going to really limit any gains current and LT holders have. Risk V Reward is frankly terrible.

If they do get up, both AVL and TMT will send each other broke by collectively sinking the vanadium price. But as often said, you could still make 5-10 bags here and get out before that happens. So ATB, at least here there is the prospect of reward for the high risk.

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Thanks for the tip. I will remember to refer to the phonebook before I make my next investments.

TMT Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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