RCF has now taken to MSM to beat on TMT SH, page-110

TMT management should be actively seeking this funding, putting together a strong case to go forward on the merits of the project, as and when the Vanadium prices start to upturn. But instead they are focussed on a merger with the neighbours, and probably have decided to put all this activity on ice, because one large shareholder is trying to pressure them. It's a disgrace, pure and simple.

All IMHO, DYOR