Firstly market cap is irrelevant for you as an investor because you don't buy the market cap, you buy the share at the share price. AVL is currently 2.9 cents but has a higher market cap than back in 2018 when AVL was 6 cents. Do you consider buying at 6 cents when the market cap was about $60m and holding it now at 2.9 cents with a market cap at $126m a good investment? The market cap has doubled but the share price has halved. Which one matters more?
Secondly TMT has a current market cap of around $70m not $22m and has spent a lot less time and money than AVL getting to it's current position.
Using common sense I would say that they are going to use trucks and roads to move the material to the plant. In fact using the information provided by the company that's exactly the plan.
But this is getting off topic. This is the AVL forum and all of my posts have been relevant to AVL. If you would like to discuss your concerns about TMT I would suggest you post them on that forum.
AVL Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held
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