fair enough, well I was somewhere in between on the buy side and...

fair enough, well I was somewhere in between on the buy side and sold very close to the recent top, so about 140% for me in 9 months and I've bought most of what I sold back just under 60c so pretty relaxed here.

There is a lot of AVL/TMT pissing contest going on but from what I can tell they are very similar deposits, right next door, and it would be strange to think the economics would be wildly different - to me they look very similar barring the treatment of gas pipeline, but we can assume TMT have priced the trucking of gas (I mean, would be pretty bizarre to assume it is free and not the kind of mistake anyone getting paid to do this work is going to make), and there is a natural capex/opex trade off to make there.


AVL obviously looking to move up the value chain and perhaps diversify metals, TMT looking more a pure play V miner for now. Both should do very well if the vanadium market keeps playing out as expected.

GLTAH