Against all the hoo-ha of the CR fiasco, interesting to see today that Audalia Resources' Medcalf Vanadium Project (Proposal number 2156) has only just had their Stage 4 EPA report published. So they were 135 proposals BEFORE Arrowsmith North, with their public submissions period occurring in March/April 2021, and yet they're only just getting toward the end of Stage 4 now.
So I guess things could be worse?
And yet, looking at Audalia's SP history graph, they've been sitting pretty consistently at about 12c since ~September 2021. So why have their shareholders been perfectly content with an almost 3 year wait between stages 3 and 4 of the EPA process, while ours have sold the price down some 200-300% in a similar time period? Is it simply a case of mis-represented expectations not being met as a result of "off-takes before christmas", etc.?
Against all the hoo-ha of the CR fiasco, interesting to see...
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| Open | High | Low | Value | Volume |
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| Last trade - 15.55pm 04/06/2024 (20 minute delay) ? |
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