Australia's largest stock trading and investment forum Australia's #1 stock forum

AVL

Click for more information

7.69%

1.4¢ australian vanadium limited

Thank you for your reply. Have a great day. T

First 190 Last

Share
Profile

Follow
Trade138

867 Posts.

130

21/12/18

08:39

Post #: 36929275
Share

Originally posted by hagetaka ↑

Originally posted by Trade138
Morning hagetaka - hope you're well. You state that this is headed towards 0.7c?? Are you able to post any TA screenshots for this prediction- OR - is this a guesstimate by you?

Thanks - T
Like all things market, it's an bass case guesstimate of the low. 0.7c is $10-14m market cap depending on oppies converted before expiry. Cash in bank will only go so far before dilution or offtake occurs.

I get this guestimate by looking at holes drilled, lab analysis performed to date and desktop studies done (PFS) as these are the only real assets the company has. The value of a lump of rock in the ground which isn't coming out is effectively zero. Of course there is a fair bit of ± in the guestimate, so it might be $7m or it could be $20m market cap. Reality is that without either an offtake agreement or a musk moment, our rocks aren't going to move.

The PFS is a cracker of a paper, although, this means diddly sqat if no one wants to buy the rocks on our lease due to unfavourable macro conditions.

Expand

Thank you for your reply. Have a great day. T

AVL Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Chaos reigns markets – so let's take stock of where we're at ahead of December

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 46 more messages in this thread...

First 190 Last

Add AVL (ASX) to my watchlist

(20min delay)
Last 1.4¢		Change 0.001(7.69%)		Mkt cap ! $129.4M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$68.23K	4.927M

Buyers (Bids)

No.	Vol.	Price($)
67	29492532	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	3429220	13

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 28/11/2024 (20 minute delay)

AVL (ASX) Chart