Ann: Haggan Vanadium Project Update, page-45

Preempt,Kcheng,Trade138
Just finished picking up another mill at 0.018.It took 2 trading sessions,so suspect some tightening of supply.Already well up in the T20 not including 2 other entity's holdings ( total below 5% so you'll have to guess)- anyway just saying that this little group here holds a decent block of shares together.

We could easily call an extraordinary general meeting if forced to do so-but costs the co money.
It doesn't hurt for the company to know we have the power to influence if necessary-hope we don't have to use it, but have seen some terrible decisions by a company under pressure, and one of the worse pressures is a flagging shareprice because there will be a need to raise more capital at some stage.

I suspect, and it is only suspicion, that the company is re-thinking the Vanadis float because of the terrible state of the capital markets for microcaps.We are told there was a line up of brokers- all no doubt wanting their pound of flesh upfront,given the state of said markets.All credit to Peter and the lads for thinking pro-actively in the first place.Peter has been accused of incompetence.He can't fight back on a forum such as this,but I suspect he knew all about the Jorc requirements, but the brokers want things as advanced as possible and probably said it would float easier (or not at all) if this were done.

Time delays are part of the course,but I would rather a co. set them so that we know they mean business.When delays occur,it is usually things outside of the companies control.

As far as V in concerned,this is a new bull so we don't know how long and high it will go.Too high may slow down the flow battery story, so not worried if there is some pull back.With the new rebar standards in China,there will be a structual change in the V markets with inbuilt baseload demand at higher prices.

The pundits are saying that 2020 will see longterm U contracts being re-written.By this stage there will be many more reactors coming on line, so I'd like to see Tiris progressing and be close to coming on line then.

These sort of time lines- 2 years min- do not conform to most speculators dreams of fortune won,but these are the realities.

I'm sticking with AEE as there is progress and will use further SP weakness to add.Keep the faith all LTHs!

ps I have established private contact with KCheng so further discussions on a block vote would be best held privately IMO