You are absolutely correct
I offer apologies to Akira(?) who mentioned it, and I, amongst others shouted them down.
Well, he was right, and I was wrong. Not afraid to admit it.
It's a Mexican standoff then.
Merge and Yarrabubba opens up - but with 8 billion share dilution, all retail likely loses money.
Block and take our chances that TMT gets permitted, gets RCF backing and gives AVL a hefty dose of Karma.
With a declared 17%+ NO vote, the 12:1 is DOA.
What next I wonder?
Ann: Scheme Booklet registered with ASIC, page-24
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