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26.0¢ technology metals australia limited

What I have been rooting for, page-5

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teddie

3,914 Posts.

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25/09/23

13:09

Post #: 70011102
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Originally posted by dbd25: ↑

This ann today is pure BS. TMT shareholders will get the equivalent of 32c a share for all their mine assets. That's it, no upswing due to the EPA approval, or anything else. Then they get this money not as cash, but as AVL shares, and 42% of their own ore deposit back, at 42% of a crappy, oxidised ore body that is hard to refine. The big money is in the Vanadium in the ground, nothing else. Its a rubbish deal for us.

All IMHO, DYOR

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Saying there is no uplift for a pending EPA approval is brain dead logic....if we were taken out for cash yes....assuming as everyone agrees that the best part of the ore body is Yarrabubba....then the ERD is the same and the EPA approval will benefit the new combined share price

TMT Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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