When the 8.5 billion shares come online with the combined AVL and TMT registers.
AVL current market cap is $99 million / 8.5 billion shares = 1.16 cent share price. (Worst Case)
There is no guarantee that the current situation of combining the 2 companies will provide a share price uplift in the short term.
expect short term down side before any upside.
Just my opinion.
The coming vanadium market catalyst could be bushveld minerals in South Africa going bankrupt with an outstanding payment owed of $12.5 million from their last capital raise. Bushveld minerals has enough operating cash till the end of February 2024.
Everything is timing.
AVL Price at posting:
2.0¢ Sentiment: None Disclosure: Held
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