I would be interested in you thought process to arrive at that conclusion. Under Vince I would also have my doubts, but Graham is a bit of an unknown. I am puzzled by the fact that AVL has a electrolyte production facility, but not yet in a position to mine and refine vanadium, so i would assume Graham would want to rectify that ASAP. without going back and starting the feasibility process all over again. Having held TMT and AVL b4 I am a bit over that albeit first order of the day was to appoint the Wood Group to do an Optimised Feasability Study OFS. for completion "within the June qtr" That is about the only feasibility study not done by either company. I thought it was Ian's job to try and see how the pieces fit together. Ian tended to lean towards the Danes maybe Wood Group is there to ensure the process is above board. After the first day of trading the doomsayers' predictions did not play out, I don't see too many negatives in this company in the for seeable future and I think will see a change in the trend line as we play out the rest of the financial year.
AVL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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