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1.6¢ australian vanadium limited

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

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Trade138

867 Posts.

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21/12/18

08:39

Post #: 36929275
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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.

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

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