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sabine

17,958 Posts.

3724

12/04/24

20:34

Post #: 73323374
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Originally posted by Hawk70 ↑

That trial was another nail in the coffin for me.

AVL have been trying since 2021 to get it installed and working - my last convo with Sam gleaned the nugget that it still wasn't working - after nearly 3 years.

The Kununurra one isn't working either - it's not even on site.

I genuinely wish all shareholders well, but when talking with troy @Troydt we were both bemused and annoyed that with the SP at an all-time AVL+ low, management thought an appropriate response was to post pics of GA on a 4 day jolly up in Switzerland - along with Dan Harris as wingman.

I assume they stopped back in Australia to shower and change after leaving Singapore from their last international jaunt?

The EPA application continues to be under appeal.

There is no plan moving forward explained to shareholders

Vanadium is $4.40 per lb.

GA decides a 4 day trip to Switzerland is the way to go - and posters upvote it.

It's all so passive, and AVL+ sleepwalks whilst St Elmo are busy constructing a fully permitted and financed Vanadium mine - with Richmond not far behind.

St Elmo will be mining Australian Vanadium ore next year. They have won the race to be first.

VR8 are likely to break ground next year.

I honestly don't know if there is a market for another one.

I'd imagine RCF have a limited amount of patience left before getting out - or as Troy and Myself have discussed many times - taking AVL+ off-market and waiting for better circumstances.

Yes, I've sold out my shares.

However I've got to know some decent shareholders if the company, and it's soul destroying to see this project wither and die due to poor management.

You deserve better.

2c IMHO DYOR

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As per other thread hawk
You assume the price and company fundamentals are equal.
It seems you also assume that, because shareholders are not being updated to what is going on behind the scenes, there is nothing going on behind the scenes.

I think in this case both assumptions are erroneous.

Glad you’ve done well elsewhere.

cheers

AVL Price at posting: 1.6¢ Sentiment: None Disclosure: Held
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