AVL 3.85% 1.4¢ australian vanadium limited

Awesome result today: took me by surprise I must say! I can only...

  1. 2,180 Posts.
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    Awesome result today: took me by surprise I must say!

    I can only assume a large investor has decided to take a position so it will be exciting to see the monthly top 20 for January next month. I hope we have a few more 60M+ share days like this to flush out the traders and strengthen the company with some LT holders.

    I noted we have people talking about the VRB technology not being proven! We have Rongke, PuNeng, UET and RedT deploying VRBs from 100kWh to 8MWh to 800MWh: these are not experiments at all!

    Well proven Aussie technology.
    The success of these installations will certainly drive the domestic market IMO.

    Hopefully the Vanadium price will hover around US$10-12/lb making VRBs affordable whilst maintaining a profitable mine.

    Hopefully the final metallurgy will be ready within a few weeks and we can start plugging in numbers into the PFS: maybe for both 1.5-2% and for 99-99.5% concentrates.

    I still think today's fair value for AVL is more like $70-80M so I look forward to a steady rise over the net few months.

    The PFS should be straight forward and hopefully MM can nail some decent MoUs.
    Maybe some definition drilling to up the reserve and $350M for the full monty mine and away we go!

    White label our Rongke [IMO] batteries as VSUN and supply our own electrolyte.
    Put 100KWh-1MWh batteries in every hospital, government facility, remote island community, factory complex and 15kWh - 45kWh batteries in every domestic household.

    Aussie technology and an Aussie resource!!
    Wake up Government!!

    ;D
    Last edited by happyonlithium: 05/01/18
 
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