AVL have the large advantage of owning the battery technology to...

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Mike77

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18/03/22

11:05

Post #: 60271166
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Originally posted by Schmidlap: ↑

When you look at AVL and their Dec 22 Option AVLOA over the past 2 days, it shows exactly what this crazy market can induce in terms of positive reaction.
Their 2 announcements over two days sent the shares up 63% high (finished at +40% - 600M shares) and the Options up 117% high (finished at +75% - 114M options). Vanadium can stir investor interest, even if it is quick day trading.

VR8 is still a relatively unknown entity to the broader market and is based in S.A. and for whatever reason is largely ignored. Last October's placement announcement was our biggest gain in one day and was only + 17% rise (with a 9% dump the very next day).

Once a positive DFS comes through (can't really see how it won't be an excellent result) FID and secured Off-take agreements enter into the conversation, it all will all become a reality.
What could stop it in the next nine months hitting our necessary milestones? Sure, nothing is guaranteed in life, but short of a war in S.A. or an earthquake swallowing up the Bushveld precinct, I fail to see a major risk (feel free to weigh in on one if there is). The Vanadium price will likely come down, but we seem to have a relatively low Capex required to finance, build and mine.

AVL is only slightly ahead on the development curve, but has government funding to support it. They enjoy 5x the MC that we have.

Like many on here, I am betting my on this company being a success and whilst it is not a sure thing, I am happy to be into it at these low prices.

The sleeping giant will awake one day, anyway here's hoping it is in the next 6 months. The day to day movements at the moment are irrelevant.

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AVL have the large advantage of owning the battery technology to be a both a producer and user of the V2O5 product.

VR8 have invested in the ESG processing technology, which is great in itself, but this has not captured the market's interest yet, I think mainly because it is novel and unproven at scale.

I'm still reserving judgement on this technology until we see it proven as scalable. Until then it is more of a long term 'maybe' technology.

VR8 Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.6¢		Change -0.002(5.26%)		Mkt cap ! $20.25M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.6¢	$180	5K

Buyers (Bids)

No.	Vol.	Price($)
1	339	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	115949	2

View Market Depth

No.	Vol.	Price($)
1	339	0.036
2	100000	0.035
1	50000	0.034
2	65152	0.033
2	90627	0.032

Price($)	Vol.	No.
0.038	115949	2
0.039	155514	3
0.042	187867	1
0.050	100000	1
0.069	186104	2

Last trade - 11.53am 12/09/2024 (20 minute delay)

VR8 (ASX) Chart

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