AVL : DEFINING A FUTURE FOR GLOBAL VANADIUM
“ The market has a long time to run and with Gabanintha we have a project that can run alongside that and play a key role in defining the future vanadium space ”
– Vince Algar , Managing Director of Australian Vanadium Ltd .
the next five years ,” he says .
“ The market has a long time to run and with Gabanintha we have a project that can run alongside that and play a key role in defining the future vanadium space .”
Algar believes that Gabanintha can and will become a world class asset that will supply the oncoming demand for vanadium for the next 10 to 20 years and through the updated resource it ’ s hard to argue that the project certainly has the capacity to do so .
AVL has certainly come a long way since just a few short years ago and Algar admits that while one cannot predict how and when a commodity cycle may enter an upward swing , you have to keep the long-term goal in sight .
“ There ’ s a lot of short-termism in our industry ,” says Algar . “ And sometimes it ’ s difficult to navigate at times , particularly as a young emerging company or when operating in an emerging market .
“ But you have to keep sight of that long-term goal and when investors see that , and they see the progress you have made and what you can offer , then success will follow . That ’ s what we have at Gabanintha . We have world class resource , a crystal-clear vision and most importantly , we understand exactly where the market is .”
13