one yelluva year, page-24

@bobadah, have you read the base case PFS? that's basically given you a taste of what to expect which is low 4 dollars a pound opex and a relatively low capex compared to other V deposits... this PFS should be an improvement on the base case so there shouldn't be any nasty suprises



also both TMT and AVL have come up with similar opex as expected which is sort of verification for eachover considering it's the same orebody and the opex compares with LGO so they will be well and truly towards the bottom of the cost curve...



bottom line is people who are out or have sold are saying it's gonna go get sold into, people who still hold are hoping it increases but truth is no one has any damn idea what the market will do...



Vanadium price ran from 20 dollars a pound to 35 dollars a pound in the space of a month and all ASX V Stocks went backwards you literally cannot win or pick anything ATM....



I think the traders left AVL months ago and I think a late PFS or risk of another missed timeline was factored into the price so my guess is it's gonna be positively recieved and in all honestly In this market any green is good even if it's one or two pips!