Ann: Merger Presentation, page-51

It makes sense for the resource, RCF will make this deal happen, I will be voting No with a message to come back with a better offer...

This should be where a tight register can actually help keep things in favour of the little guy, but i'm sure the voters that matter have all had the personalized sales pitch by now.

I think most TMT holders could swallow this as it probably does help the project eventually have greater success, but the price and timing is a joke, and perfectly orchestrated by RCF.

As I have said, all upside if you have a large or any stake in AVL. Zero upside if you strictly hold TMT, so the value needs to be in the offer price. Simple as that.