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
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $116.2M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $30.23K | 2.208M |
Buyers (Bids)
No. | Vol. | Price($) |
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45 | 8857964 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.4¢ | 6426811 | 14 |
View Market Depth
No. | Vol. | Price($) |
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45 | 8857964 | 0.013 |
23 | 4212014 | 0.012 |
15 | 8373705 | 0.011 |
18 | 5388170 | 0.010 |
7 | 1352486 | 0.009 |
Price($) | Vol. | No. |
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0.014 | 6426811 | 14 |
0.015 | 5897075 | 15 |
0.016 | 7520732 | 24 |
0.017 | 9156860 | 35 |
0.018 | 9878926 | 18 |
Last trade - 11.37am 07/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 11.37am 07/05/2024 ? |
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