Australian Vanadium in trading halt pending Gabanintha PFS base case news

Date: Sep 25, 2018

The halt will remain in place until Wednesday, September 26, or until an announcement is released.

Australian Vanadium Ltd (ASX:AVL) is in a trading halt pending an announcement regarding its Gabanintha Vanadium Project near Meekatharra in Western Australia’s Mid-West.

An announcement is expected about the base case for the project’s pre-feasibility study (PFS).

The ASX has granted the trading halt, which will remain in place until the start of normal trading on Wednesday, September 26, or when an announcement is released to the market, whichever occurs earliest.

AVL last traded at 5.4 cents on Friday, a day in which the share price ranged from 5.2 to 5.6 cents.

READ: Australian Vanadium completes PFS drilling for resource update

Earlier this month the company completed a 14-hole reverse circulation drilling program, which forms part of the PFS work with results to be used for a JORC resource update.

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