There’s graphs on the last Diggers and Dealers presentation in August showing predicted vanadium requirements for VFBs over the next five years and, as I understand it, AVL plans to mine and sell high purity product into this market and maybe also to others who require premium vanadium (like aircraft/space capsule manufacturers) .
It also intends to produce vanadium electrolyte.
As far as you having no idea about “..what they actually plan to do, who they're planning to sell to, what the demand for their individual products are, how much money is to be made…”
As per Lewis’ post, the final study from Wood on the merged projects costings and more is yet to be produced.
AVL currently is still waiting on EPA approval.
The market wants certainty.
Who is going to book contracts for off-take when such crucial factors are still unknown?
Given the fact there’s something like 9 billion shares floating around, I think these two things are the main reasons the share price has been ground down to 1.5c a share and less
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