AVL 0.00% 1.4¢ australian vanadium limited

Which way today?, page-2

  1. 2,888 Posts.
    initial magnetic seperation test work has been highly encouraging producing a concentrate with 1.37% v205 58% fe and 12.3 % tio2 ... now that is impressive results world class,,, yes they have to crawl before they walk.. now if YRR does a range repetition run of 1.8 cents from recent high gives me 4.7 target and that fits in with the weekly outlook of 4 ish , as far as mkt cap at 4.7 assuming the xmas options at 2.5 get exercised gives me a EPV of $39 mill and leaving YRR with $9 mill cash how much cash at xmas will depend on how much YRR spend in coming drilling for total mkt cap of $47 mill which is not much in the vanadium world DYOR
 
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