AVL Chart, page-2896

There is nothing to refute. The vanadium hype pumped AVL and what followed was a dump. This happened to many companies. Lithium companies went up and down wildly in the past few years. 

On 6 August2018, AVL closed the day at 6.8 cents. Looking at all the market sensitiveannouncements since 6 August, I don’t see any negative announcement to justify the 2/3rd decline in the share price. Two days after the release ofthe PPFS (28 September), the share price closed the day at 5.2 cents. The shareprice was already down to 2.8 cents before the PFS was released. The PFS wasvery similar to PPFS.  

 

Was it the delay in PFS  Vincent in July said they willbe working on PFS over ‘the next few months’ (video starting from 5:35). May be Vincent thinks a few months time is so short that he also put out the word 'imminent'! Or maybe people are disappointed with the expected production date. But what differencedoes a year make if the project is solid . 

https://www.youtube.com/watch?v=GGLDLEUzYRQ

 

Date / Announcement/ share price at the end of the day

19December: Gabanintha Pre-Feasibility Study and Maiden Ore Reserve (2.4 cents)

28 November:Resource Update at Gabanintha Vanadium Deposit Increases Indicated MineralResource (3.5 cents)

20 November:Future Battery Industry CRC Involvement (3.4cents)

30 October:Gabanintha Drilling Confirms High-Grade Vanadium Zone Continuity (4 cents)

28 September:No announcement (5.2 cents)

26September: Gabanintha Presents Robust Base Case for Pre-Feasibility Study (4.9 cents)

10September: Gabanintha Drilling Progress update and New Strategic TenementAcquisitions (4.3 cents)

28 August: Lettersof Intent signed with VRFB manufacturer SCHMID (5.2 cents)

6 August2018 (6.8 cents)

Mary Christmas