AVL needs to mine deeper than 'Vanadis' to get the same amount of vanadium. AVL's deposit has plenty of sections (especially the top part) with vanadium grades much lower than 1%. Check out the feasibility study of AVL. The market capital of AVL is three times the market capital of AEE (which also has uranium deposit)
Vanadis IPO, page-140
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $107.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $76.37K | 519.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35487 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 82315 | 2 |
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| AEE (ASX) Chart |
