Before I get hounded for this post, it's important to understand that many non-holders read these threads. It would be pretty useless if only bullish holders posted. Secondly, I'm prepared to listen to counter arguments with an open mind. I'm all ears.
The whole notion of comparing a vanadium mine to a gold mine is laughable. Many reasons why. Like Scarpa said, gold is a store of value. Do we really need to point out the bleeding obvious?
Here, the need for speed to market is crucial. Even the most bullish holders will concede that. Prices WILL come down. This may happen sooner than many people think, as Uranium miners ramp up production, and produce vanadium as a by-product.
Anyway you slice it and dice it, management dropped the ball here, by pushing the timeline back. This has very significantly increased the risks in my humble opinion.
As for the suggestion that the timeline can be accelerated, all I can say is "Fool me once, shame on you. Fool me twice, shame on me."
AVL Chart, page-3024
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $19.32K | 1.233M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 31134484 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 10443280 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 3787523 | 0.018 |
8 | 2387728 | 0.017 |
8 | 2791875 | 0.016 |
11 | 2263500 | 0.015 |
2 | 500000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 862281 | 2 |
0.020 | 404607 | 6 |
0.021 | 598625 | 6 |
0.022 | 1380000 | 5 |
0.023 | 2654010 | 7 |
Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
Featured News
AVL (ASX) Chart |