Hi ucs2008, I was looking at AVL myself this morning. They have...

Hi ucs2008, I was looking at AVL myself this morning. They have a nice resource with 93.6Mt @ 1.00% V205. Not sure of the depths or ease of processing? They also have a subsidiary company VSUN Energy actively developing the Australian energy storage market.

Unfortunately, they already have 1.6b shares on issue (currently 5.4c) and 380m 2c options which expire in Dec 18. The market cap is already $87.5m undiluted. I would hate to be holding when those 2c options hit the market. They will have 2b shares on issue before funding production. They reported having around $5m in cash and will receive 7.6m from option conversion.

Aura's Haggan has 15.1b lbs V205 with a 90Mt (840m lbs) high grade zone of 0.42% V2O5. It is very close to surface and amenable to open pit mining. Aura also continues to explore battery manufacturing opportunities. Aura's market cap is only $23.5m undiluted with 129m options, mostly exercisable at 3.3c.