So maybe the sales target is NEW projects Pete? There’s plenty...

So maybe the sales target is NEW projects Pete?
There’s plenty on the horizon with G7 predicting the need for six times more storage than in 2022 by 2030 last weekend (according to FTimes) and AVL posting on TwitterX today :




And also noting it is making ‘great progress’ across the vanadium value chain.

I keep thinking it’s best not to even look at these prices and then I do and wonder who is averaging down and thinking I might just buy a few more while I wait and see how low she goes.


The ASX price page this afternoon has AVL market cap priced at just ~$96.5m.


They still had $24.9m in the kitty four weeks ago according to today’s quarterly, with more than eight quarters of funding in hand
….and - also according to the quarterly they are - “proactively pursuing potential equity and debt funders for the combined project, including continued engagement with agencies such as the Northern Australia Infrastructure Facility (NAIF) and Export Finance Australia (EFA)”.

But I dunno … maybe the Woods study on the best way forward will find some glarimg anomoly to the BFS of 2022 or find that the there were tricksters at TMT who somehow got the new (merged) tenements to look better than they really are?

cheers