Thank You ,Thank You to option holders.
The constant selling by holders has dropped the price from 5c to now 2.7c and may go a little lower before they expire..still some weeks away. Thus the Mkt Cap has considerably declined.
IMHO and experience in these cases AVL can expect 60-70% conversion of the 350mill originally on issue.
Vanadium has a undoubted future..we soon will get the PFS…expect NPV well in excess of $1b.
Directors are reluctant to comment on specific’s but may be well down the path to DFS and offtake. NOT just a PFS.
As I Vanadium investor who would havethought AVL would drop to current levels…option holders have done ordinary NEW investors a favour. Any margin option shareholders get on selling heads to convert works inour favour.
Its time to go ALL IN
AVL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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