AVL australian vanadium limited

Grant conditions

  1. 1,793 Posts.
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    First off - apologies that I can't find this myself!

    Can anyone tell me what the conditions are for the second phase of grant money?

    https://www.australianvanadium.com.au/wp-content/uploads/2022/03/MMI-Collaboration-Grant.pdf

    I found some AVL press releases, but as is par for the course with the AVL PR team it doesn't actually say much.



    https://hotcopper.com.au/data/attachments/5913/5913617-1721ed9d451b60a6b3b23214552ad506.jpg

    It looks like a second payment is due very soon?

    Be nice to understand what we have to do to get the next $9,800,000 - knowing our luck, they will spunk it all on merger costs.

    Surely this lessens the chance of a CR straight off the bat though?
 
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