AVL 4.00% 1.2¢ australian vanadium limited

O/T at this moment is a bit speculative. When it comes to many...

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. 2,271 Posts.
    lightbulb Created with Sketch. 239
    O/T at this moment is a bit speculative. When it comes to many industries, Australia is a no-show but in mining, it's blue ribbon. You just have to hear the stories of how Mitsubishi buys WA salt so pure they tip it into their production processes unrefined or how BHP has to dilute their iron ore in order to reduce the purity so the Chinese smelters can handle the stuff.

    That sort of aura around an industry is what allows the Germans to sell vehicles at 3x the price they're really worth (ha!). Oz minerals are premium stuff at guaranteed quality and consistent supply with no funny money under the table or enviro issues. Also, China would want to secure Oz supply because we've been guaranteed sanction immunity by non other than Donald J. Trump himself. We're in the sweet spot here. Largo is a US operation. Maybe not the best choice for supplies.

    But the longer any investor holds off, the better the deal they can swing so it's a balancing act now. Don't wait too long and send us broke but also try to sweat it out for the best terms. We'll see.
 
watchlist Created with Sketch. Add AVL (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(4.00%)
Mkt cap ! $129.4M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $38.26K 3.106M

Buyers (Bids)

No. Vol. Price($)
54 18052942 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 5924987 18
View Market Depth
Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.