Take historical data in to consideration when you look at what...

Take historical data in to consideration when you look at what you want the share price to be.

AVL share price in August 2018 hit $0.061 with shares on issue of 1,621,994,970 giving a market cap of $98,941,693 approximately. This is when the Vanadium price went through the roof and hit ridiculous highs.

Now lets look at the current shares on issue and apply a $0.05 valuation as you assume it will be very easy to hit it with an increase in the vanadium price. Current SOI 2,923,465,689 multiplied by $0.05 gives a market cap of $146,173,284 rounded.

Your assumption is that the market cap will go an additional 50% higher than it did in 2018 when the vanadium price went ballistic.

The directors are actually going to have to work pretty hard in order to reach those price goals.

AVL's SOI has almost doubled in the last 2 years. Just keep that in mind when you are valuing your investment.