AVL 0.00% 1.5¢ australian vanadium limited

in geos shoes, page-7

  1. 420 Posts.
    No real comparison between WVL and YRR. Sure YRR have better grades and probably larger ore body but they have a much greater market cap for good reason. They are close to mining (probably early 2009), have signed and offtake agreement with The Nobel Group (worlds largest V205 buyers) and are close to securing long term contracts with steel mills. They also have plenty of cash in the bank and a management that is committed to their premier resource, unlike the management of YRR that sees the resource as leverage into other ground. We wont see significant value in YRR until there have been steps taken similar to that of WVL.
 
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