Fact 5 - this will hit 0.8c before 1.5c, page-45

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ozgoldtrader

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01/09/15

16:43

Post #: 15914708
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Originally posted by Bermuda007 ↑

well covered Doc. Look, it's easy to be impatient here and with markets around the world a bit shaky right now I can understand people feeling a bit uneasy. However I'm with Doc here. Really what has changed? If anything right now we are able to see how the share prices of some other companies( in our same "space") are doing as they get closer to production. China may well be slowing down but do you think that will result in a vanadium glut much like copper and iron ore? I guess I should research what total production vs world demand is lol. That's why I'm happy the company is doing so much research into the battery sector. It's always smart to have a "plan B" I reckon.

With all that said I think what makes me sleep well at the moment are some things more to do with production. I have watched arrogant CEO's of mining companies literally walk into the fire because they were too egotistical to consider other ways (than their own) to create shareholder wealth. For instance there was one, who despite having a perfectly good processing plant a few hundred km up the road (owned by a public company), utterly refused to work along side them and decided to get as much funding as he could from the Chinese and spend over $400 million on a plant. He just loved the high life and getting treated like a big shot. Well fast forward 5 years and he got the sack, the plant still is not finished and the Chinese are about to call in the loan and get the company for next to nothing. Now when I've heard our CEO talk I've always been comforted to hear him refer to the many different options of getting our product to market. If that means not taking on huge dept and nasty new shareholders and just trucking it to someone else to get processed, then great. We don't need this thing to go up to the levels of TNG to make a very tidy profit. Let's just get the JORC out and get to work. If the right JV partner appears and doesn't want to rip us all off then fine. If not I say "small fish are sweet" and we chip away.

As far as the trading is going, yeah it looks a bit sussed. It wouldn't be one person IMHO but maybe 2 selling back and forth. It won't be difficult to notice even these small changes to the register and believe me if there is any type of connection to say someone who may be in this same sector as YRR, well they may one day learn about a whole new type of drilling (behind bars)!!

Good luck all

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Bermuda - you bring it to the point...."well they may one day learn about a whole new type of drilling (behind bars)!!" well said

so dodgy players, we can see right thru this!!

Last edited by ozgoldtrader: 01/09/15

AVL Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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Last 1.6¢		Change 0.000(0.00%)		Mkt cap ! $138.1M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$118.3K	7.401M

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29	9241991	1.5¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
29	9241991	0.015
72	48254307	0.014
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Price($)	Vol.	No.
0.016	10447088	28
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Fact 5 - this will hit 0.8c before 1.5c, page-45

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Fact 5 - this will hit 0.8c before 1.5c, page-45

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