AVL australian vanadium limited

Hi Fredric0 … ‘Phew’ to 1.7c share price holding today at close...

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    Hi Fredric0 …
    ‘Phew’ to 1.7c share price holding today at close and in the VWAP.

    But no official timelining on the project until next quarter according to that business chat (unofficial) with Sam shared by Jayden yesterday in the imminent thread .
    That still more than six weeks away so I hope they have updates in the pipeline before then so as to hold up the price with more than ‘sky hooks’.

    As to some other comments in your post :
    FWIW whilst it may have been your interpretation the companies have promoted the idea they have been standing around doing nothing between last September and February when the merger went through, it hasn’t been mine.
    My interpretation that along with all the pre-work that led to the SOA being mooted last September, and accepted by management and a senior shareholder, there’s been a publicly announced integration team actively involved in assessing forward options ever since.
    My impression however is that anything produced by the company is not considered to be bankable unless an independent expert confirms it.

    In this case Wood is the independent global expert doing final checks and estimates and - as I think you noted the other day - Wood is already well on track with understanding AVL having been the external expert on AVL’s BFS in 2021 and -as I understand - having provided an independent advisor in the form of Wood senior engineer, Brian McNab, since 2018.

    News is coming slower than many of us expected and I hope what we are seeing as a result is exploitation of the share price rather than a rush for the exit because shareholders have suddenly decided to ‘abandon ship’

    cheers
    Last edited by sabine: 14/02/24
 
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