AVL 0.00% 1.4¢ australian vanadium limited

Negative sentiment probably now a buy signal again around these...

  1. 598 Posts.
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    Negative sentiment probably now a buy signal again around these levels.

    Whilst I won't be exercising options they were a punt with some walking around money. I lost more on the horses this spring so probably not a major problem.

    IMO nobody can comfortably pull the trigger on anything until the V2O5 price levels out... it ran on the way up... coming back to the LT trend is then pretty scary.

    Fear will ensure a few bargains going here... still too good an in ground resource not to mine... still a structurally undersupplied market. If I held they wouldn't go anywhere, 2c is a steal... but there are so many steals out there at the moment.

    Cash is worth double it's usual purchasing power at this point in time. That applies both to investors and companies... being well funded at this time is even more important than at any time since 2008.
    Last edited by 7benson7: 23/12/18
 
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