AVL 0.00% 1.6¢ australian vanadium limited

Ann: Gabanintha Pre-Feasibility Study and Maiden Ore Reserve, page-130

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,410 Posts.
    lightbulb Created with Sketch. 137
    Don't deny the high capex being a long-term issue and as to whether titanium and pig iron revenue streams are significant in the overall picture, well, I've never otherwise before heard of revenue/product diversification being anything but a positive for a company. While not included in the DFS or stage 1 plan, TNG is also "ready to roll" with significantly higher value ferrovanadium and electrolyte technology. And yes there has been years of delays, but as you seem to understand, it's an exceptionally ambitious technology/project and being a new technology it obviously needs to go through appropriate due diligence before capex finance can even be considered, although it sounds like you are also aware that the FID process is now imminently underway. But I'll cease the TNG-specific discussion here now.


    As quoted by someone else recently.... "Largos had over a year of teething problems and losses from maiden run to optimisation. Luckily they were backed by the big house. Windimurra failed twice and is still mothballed. Bushveld purchased an existing but old refinery and overhauled it and due to rising V prices was profitable day one. There are no others and none of the above  operate a hydro metallurgical process extracting all 3 commodities." The "tried and tested methodologies" do not seem to be particularly trusted or efficient. KRC capex was also monstrous for a significantly smaller NPV (than TNG). AVL capex one of the smaller amongst its peers, but it's only targeting vanadium... let's hope the V price holds up.

 
watchlist Created with Sketch. 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
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.