AEV 0.00% 0.6¢ avenira limited

Hey mate, between you and me, I think this stock has tons of...

  1. 594 Posts.
    lightbulb Created with Sketch. 427
    Hey mate, between you and me, I think this stock has tons of potential - the main thing being the massive resource.
    I have one simple question though and I would like you to think about it really carefully.
    Would it make more sense if we went in for the IHP process and produce a decent amount of food grade phosphoric acid (PA) that sells for around AUD1900/ton, netting us revenues of around 380 million on a smallish production of 200ktpa of PA?
    It would have the following distinct advantages:
    (1) The CAPEX would be much smaller than a LFP plant
    (2) There would be almost no learning curve being an established technology
    (3) We could get FCF much faster and use part of that to later on establish an LFP plant

    The reason I am coming to you about this is that you seem to have a fairly large amount of shares and that would give you some sort of leg to stand on and talk to the BoD.
    Get them to see alternate routes that could generate FCF faster with minimal risk.

    sure, we will definitely get into LFP (I'm excited about that too), but lets learn to walk before we can run eh?wink.png
    Last edited by LovesMining: 19/04/22
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $14.09M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $10.23K 1.710M

Buyers (Bids)

No. Vol. Price($)
29 12150079 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 3896808 5
View Market Depth
Last trade - 16.10pm 25/04/2024 (20 minute delay) ?
Last
0.5¢
  Change
0.000 ( 16.7 %)
Open High Low Volume
0.5¢ 0.5¢ 0.5¢ 1255741
Last updated 12.26pm 25/04/2024 ?
AEV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.