One to watch out for, page-13

First 13 Last

Share
Profile

Follow
Katherine1

8 Posts.

1

21/07/23

19:41

Post #: 68917899
Share

Originally posted by Therookie88: ↑

can't see a merger happening for a few reasons.

reason 1 TMT management have spent the best part of 7 years proving they have the best half of the resource and 30 years plus of it, so the economic case of adding beyond 30 years is neglible from a shareholder point of view. it won't add any value

reason 2 both orebodys would require different process plant flow sheets anyways due to AVL having heavily weathered orebody. this is why they are both going down different process routes and have different economics. that's fact it's not opinion.

reason 3 permit timing won't align, I believe TMT will be fully approved this year, AVL will not be, again it's irrelevant because both orebodies need different flow sheets anyways.

reasons for a merger?

maybe to increase the liquidity if we were both one entity there's no dispute there's only one place to put your money when it comes to vanadium in Australia, makes it's more bankable on the "idea" of one plant for both deposits.

I think RCF want something to happen but can't see how it works to be honest 60 percent of TMT held by 20 people, top 100 own 80 percent. would not be easy to convince tmt holders to significantly dilute themselves to add 30 years of inferior reserves to our already substantial minelife and a battery sales agent company.

Expand

Rookie - perhaps its a block
Take a large holding in TMT to help get it going and profit thereby - and see TMT develop into a much bigger company.
Take a smaller - but controlling holding - in AVL to prevent or control its development - until it can be absorbed by a much larger neighbour.

Of course this is the optimistic pondering of a TMT holder with many skills (imo) - but corporate action not being one of them - Cheers

TMT Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

IR1

Iris Metals jumps +22% as NASDAQ's Stardust probes economics behind possible offtake

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

BIO

Biome reaches intellectual property milestone in strain development program

Trump is President Again: What Does This Mean for Crypto?