AVL australian vanadium limited

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Troydt

4,387 Posts.

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25/02/24

06:38

Post #: 72580780
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Originally posted by Troydt: ↑

There is a fair bit of water to go under the bridge before letting them take the cross every T and dot every I approach which is the go slow approach.

There is only one way forward economically and approvals path way wise and infrastructure pathways.

With Ian basically at the finish line of the TMT bankable model and as I understand no more drilling required. The merged project should be simple to put together.

I don’t imagine any further test work is required with both companies previously displaying their best outcomes capex and opex wise.

Should be simple from here.

Graham has done a good job getting the electrolyte plant up and running but the board needs to be reduced.

Expand

it’s the cost of the board and management.

There is hard vanadium experience with:

Graham Ardvison, IanPrentice , Todd Richardson and Daniel Harris.

The job is to get the mine up and running. Outside of Jo Gaines and maybe 1 other the rest need to be reviewed.

As a shareholder I don’t appreciate funds of the company being wasted on a bloated board.

I have some numbers will I will produce later

Last edited by Troydt: 25/02/24

AVL Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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AVL news, page-208

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AVL news, page-208

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