Also, they took like 10+ years on their BFS and it's still due for another update if you keep on top of AVL news.
They have an electrolyte facility with no offtake and no vanadium supply.
Vsun has been operating for at least 6 years and have given away more batteries than they have sold..
Focusing just on your primary goal, to mine vanadium, is not an inferior plan in my eyes.
And I actually LIKE that AVL put some focus into downstream industry. I loved Vince's work in bringing awareness to VFRB's, so I am not even really critisizing that.
But you can't act like these bring massive value or that they justify taking a decade with the BFS and needing to issue several billion shares to get it all done.
The governmemt funding is a boon absolutely, won't argue with that. Wish TMT had had that idea.
Also, they took like 10+ years on their BFS and it's still due...
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