GreenTech Metals Ltd (ASX: GRE) & Anax Metals Ltd (ASX: ANX) Webinar MONDAY 20 May, page-15

Yes and maybe for ARV to come into the picture would make sense if GRE through exploration proves up a much larger resource at Whundo ..would make sense to utilise "Radio Hill" 500kpta plant concentrator and approved tailings area ... and of course, ARV Carlow AU/CU/CO resource could maybe come into the picture to add LOM

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you could see the case for certain projects to be brought together in GRE/ARV case (ARV does hold 8% of GRE and has 49/51 JV in one permit focused on lithium ) they become a merged company with a focus on lithium and all other metals rights and projects radio hill plant + JORC resources focused on Au/Ag Base metals to be in another company or even sold to ANX for scrip returned to the merged GRE/ARV S/Hs at a fair value ...at present GRE + ARV market cap = A$45mill..

Say if Lithium focused company across the merged company would be worth $15mill+cash balance and be cheap at that as IMHO it would become a T/O target for the rich neighbours

that would leave $30mill value in ANX scrip deal ? ,....so ANX would move to around $60mill cap but would have added another plant + become major landholding in the area + 700koz Au eq + 185kt Cu + 256kt Zinc ..without having to pay out capital for it ..cap size does matter in mining when it comes to leverage in lending

IMHO this would be a much better outcome for all S/Hs ...but not for mgmts as wouldn't need the staff numbers