AVL 5.88% 1.6¢ australian vanadium limited

AVL news, page-446

  1. 18,285 Posts.
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    No I don’t Mauombo.
    To answer seriously I expect far GREATER than seven quarters to bein the kitty!

    Next quarter closes June and is end of EOFY.
    By June 30 I expect the first phase of the Wood OFI to be published
    -As per this quarter’s report, it is a study that’s key to this project, and will be ongoing, however - as the company wrote the first phase is what is required to finalise the best trade offs between the two projects and outline the best development pathway .​
    The first phase of the OFS that will finalise trade off studies and inform the preferred project development pathway for the Project is expected to be completed within the June quarter of 2024.”

    There’s also the combined mineral resource due and EPA finalisations.

    My expectation is based on anticipation that these things will occur in the next eight weeks, and maybe a further instalment of funds from that $49m grant, and that even if none of this happens the expensive processes to do with the merger in last quarter are now completed.

    cheers
    Last edited by sabine: 03/05/24
 
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