Don't get me wrong here, but don't you think it's a bit early to start making financial decisions on AVL based on the future of vanadium? How about concentrating on if there is anyone in the building MILDLY capable of getting this company into production? Don't take that as a knock on any individual, it's just a serious question. That's kind of what I'd be looking at right now. I mean, this deer in headlight stuff that has been going on for the last 3 weeks really isn't a great look, and most likely why everyone seems to be bailing out at the moment. Yeah blame the markets, or COVID or even Russia if you want, but that's getting pretty old. So much for renewable energy I guess.
Between the way management treat their buddies raising capital (vs long term shareholders), and the way that JORC seemed so fundamentally different that what many holders thought it would look like, I'm starting to think there may be an auto-pilot button in there somewhere. IMHO someone had better figure out a way to raise some money pretty soon or the "next" vanadium will be discovered before this lot can own something larger than a ute!
AVL Price at posting:
5.3¢ Sentiment: None Disclosure: Held
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IMHO someone had better figure out a way to raise some money pretty soon or the "next" vanadium will be discovered before this lot can own something larger than a ute!
(20min delay)