Figured I'd join in on another rainy day........
On the whole they seem OK, but there are certainly a few of them that like coming on here and taunting us more than chatting over there. Must not be much to talk about??? Throw in woodenspoon or whatever his name is, who has never once posted on any other stock I saw, and they sure are an interesting bunch. Wooden must of lost HEAPS of money on this stock, and if I'm 100% honest it kind of brings a smile to my face when I see him get worked up. Is that wrong?
Like I've said a million times, and I stand by it, my personal belief is their company is nowhere close to being financially viable. Please point out where they've even disputed the fact that they drilled the heck out of the place, and based on every pound they've "got", who's going to give them almost a half a BILLION dollars?? Oh, and don't forget the fact they're knocking on doors with a 3 year old DFS, using a double digit vanadium price to justify the loan. Of course they're getting a bunch of unbinding MOU's, with no doubt a pat on the back as they walk out the room saying "let us know when we'll be getting the 1st shipment".
To prove I'm unbiased, I will say that it is absolutely ridiculous that in March 2021 AVL is still sitting here with "officially" a very similar deposit. You want proof, go over there and say our deposit is three times the size of theirs. They won't even know what you're talking about, and neither does the market it would seem. If I hear anyone (including myself) mention "following the seam" and "tripling AVL's deposit" I'm just walking out the room now. I don't care if it doesn't add to the annual output, just prove to me you've got 50 years instead of 20 and you'll get the $$. Australia doesn't even know what COVID is, so don't come to me with that excuse either! I understand that the "stance" on this one is that AVL's deposit (as is) will justify the investment needed. I'd beg to differ, and have a calendar to prove it. There's no comparison between the two companies management when it comes to knowledge of vanadium and social responsibility in my opinion, but getting the most out of the share price is the chapter yet to be written. The fact that the guys next door are even getting meetings tells me they're fairly good on the PR side. I wish we were, but I understand that substance over pageantry has it's place too.
So, as we get to the end of the 1st quarter of 2021, I sure hope that something pops up on my screen any day. I'm quietly confident that it will. I've got a bottom drawer full of options that I plan to look at sometime next year that would sure appreciate it! At the end of the day, as painful as it is to even type, I think the two companies will have to get over their BS (and I don't mean on HC), agree to a realistic ratio on value, and go to the market together. Until then we're just all gambling, which isn't the worst thing for a laugh.
PS These are my opinions by the way. If you don't like or agree with them there's an ignore button somewhere on the page which I suggest you use. Could either company get funding tomorrow? Of course! Just because what both companies have been doing to date has resulted in 90% of shareholders not making a penny, while the ASX has been going off it's rocker for years, doesn't mean I know a damn thing! Just make sure this isn't your only gig!
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