Couldn't agree more red. The chances that AVL buys TMT are IMHO .000001%. Anyone saying different has no idea about the players involved in that chess game. Someone on here posted recently that VA was asked point blank about whether the two companies would be working together moving forward. His answer? "No". Not "well, it will certainly be something we could talk about" or even "possibly". The answer was "no" and as long as he is involved, and the rest of the decision makers at AVL, I think you should take him at his word. In a recent interview the CEO of TMT said something about them at least being able to get their PFS out on time. Nothing about what was in it or how he came up with the numbers. You don't think VA was sent 100 messages about it and knew exactly what was being implied? This industry is very small, and if you have half a brain you don't go around insulting someone that has almost 3 times the land you have on the same ore body!! Having said that, the reason I even gave it a chance was in the scenario that someone 1st took out AVL and then decided if they wanted to deal with TMT (once the investment in the plant was done).
Great post as well Galvanise. However AVL has more than enough vanadium NOW to validate building a $350 million dollar facility. The idea that we have to work with anyone else is simply a lie. I have read that on other boards and I wonder what the motives might be in saying such things. IMHO we have enough vanadium still not in our JORC to justify the cost of a plant without having to use ridiculous vanadium prices and operating costs!
We are about to see some pretty conservative numbers come out I reckon, and despite what the naysayers may post on here it will still show that we can have an unbelievably profitable mine under almost any industry condition. Under even good conditions the numbers are absolutely staggering!
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australian vanadium limited
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Serious question re/ AVL and TMT, page-10
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $77.71M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $26.90K | 3.216M |
Buyers (Bids)
No. | Vol. | Price($) |
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44 | 13127880 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 10813697 | 23 |
View Market Depth
No. | Vol. | Price($) |
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44 | 13127880 | 0.008 |
25 | 8996199 | 0.007 |
10 | 13883333 | 0.006 |
12 | 18589083 | 0.005 |
5 | 8525000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 8808696 | 22 |
0.010 | 20300203 | 44 |
0.011 | 6546655 | 23 |
0.012 | 6106318 | 18 |
0.013 | 4758838 | 19 |
Last trade - 16.13pm 25/06/2025 (20 minute delay) ? |
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