Oxidised resource, heavily diluted register, 'merging' with AVL is like getting chained to a coffin.
A coffin that TMT's superior resource will have to carry.
The whole AVL take-over reeks of sleaze.
What AVL has on their side is that they are the better hustlers.
What else do they offer?
Apparently, they have a good name, and the promise of $50 mil from ScoMo's departed administration.
The decision of ScoMo's outgoing government to effective anoint AVL's inferior, heavily diluted project as Australia's V Champion, with a $50 mil promise, reeks of sleaze and stupidity.
It harms Australia, by tilting the playing field, and cutting off the nations better options.
It reeks of sleaze, preferment and policy stupidity,
If Albo wants to be seen doing something good for this country, and it's Green-Tech future, while giving the Libs a poke in the eye, reviewing the moronic choice of AVL as Australia's V Champion is a winner.
There's a few souls on Canberra I could run this political opportunity past.
Because, quite imply, without ScoMo's preferment, and this TMT sell-out that flows from it, AVL would be a dead dog walking.
Now that is sleaze. Pure and simple.
OK, some people claim AVL has such a nice name, that it must be why they are the winners here.
So, rather than give away most of TMTs resource, why don't management just do a name change?
Something like APVR would do - Australian Premier Vanadium Resource.