Fact- Any good news like this very good PFS was going to be sold into due to horrendous market sentiment and options overhang.
I am a shareholder in both AVL and TMT and TMT got hammered PFS announcement day but then recovered big time.
Current market won't be conducive to a similar improvement now but make no mistake AVL has laid the foundations for growth.
I follow about 10 stocks and all of them are getting sold into on good news.
Vanadium price went from $10/lb to $33lb and vanadium stocks barely rose so a fall back to sustainable $15-20/lb should not be considered a negative....remember V price was $5/lb 18 months ago.
Speed to market does give TMT a head start though and that will be crucial in my opinion but the impending structural deficit of vanadium supply means that there is upside for all.
AVL Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
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