Obviously there is something the TMT mgmt know which made them accept the offer.
But AVL is not the shiny star you are making it out to be. Their feasibility study proves they have a higher CAPEX and OPEX than TMT and this is despite same hugely discounts fuel price they have used in the estimations.
As for "AVL could buy their feedstock from third parties to use at the electrolyte facility when it starts operating later this year or early next year and continue to do so until their own processing plant is completed"
Having an electrolyte facility is good but don't think most of the shareholders have invested in AVL for their electrolyte facility.
DYOR
TMT Price at posting:
27.5¢ Sentiment: None Disclosure: Held
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