AVL

0.00%

1.6¢ australian vanadium limited

"Anyway, back to reality." - this is the only part I disagree...

First 14 Last

Share
Profile

Follow
Jalaluddin

1,125 Posts.

173

27/03/19

13:10

Post #: 37900135
Share

Originally posted by Bermuda007: ↑

I see that TMT is in a trading halt as well with a resource update. Hope it's goes well for them. I was told that they had covered most of their property with the JORC they had in hand. Looks like that might not be true now. What's good for them is good for us IMHO so hope this announcement is great.

For those who are sticklers with the numbers, I'd love to hear the comparisons of each of our deposits "size wise" both now and maybe after another year or two drilling. It will also show who's keeping track ;-) I'm not interested anymore in potential and what hasn't been drilled. These two companies have been around long enough to have drilled everything and anything needed to get the project off the ground! At the moment I have TMT at @13,000 TPA for 13yrs and AVL at just over 10,000 TPA for 17yrs. Looks pretty close to me!! Would most agree with that??? I must admit, considering the size of each property, these numbers were not what I originally expected as TMT is valued at $20 million and we're at $40 million. Still a joke (on the low side for both) as far as I'm concerned.

I say buy the two for $100 million (keep the change) and build a huge plant. Put it this way, say a company invested $500 million for both companies and one huge plant. Based on just a bit more than today's JORC numbers and life of mine estimates, the sales figures at $15 a pound for vanadium would be $850,000,000 per annum for about 17 years based on my rough numbers of 25 TPA of V2O5! Oh, and that's if nothing more is found on either property.

You wonder why an Elon Musk type doesn't just walk in and take the whole thing if nothing more than to lock up the large battery market and keep his lithium for the smaller sized stuff. A combined AVL & TMT must be close to the biggest resource out there no?? If I only had those funds hiding somewhere in my couch!! On the other hand interesting to see our share price getting hammered on so little volume hhhhmmmmmmm. Maybe I'm not the only one with this idea God forbid!!

Anyway, back to reality. I'd sure appreciate someone making sure my numbers are somewhat accurate. Good luck to the guys next door. This sector needs something that's for sure.

Expand

"Anyway, back to reality." - this is the only part I disagree with as IMO you have already hit the nail on the head.

AVL Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 3 more messages in this thread...

First 14 Last

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)

AVL (ASX) Chart

"Anyway, back to reality." - this is the only part I disagree...

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

"Anyway, back to reality." - this is the only part I disagree...

Top Stories

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News