Ann: Merger Presentation, page-129

Good morning to all and Glpg I agree with you that it seems a decent deal…..
The energy around here amongst many seems to be ‘the sky is falling’
But why ?
AVL’s new management team and board appears to have been set up in the last year to work with the consolidated resource.
The saviour of this company back in 2021 when it was scrabbling desperately for a sponsor is the very reputable and generally profitable RCF which even put a director on the board to steer the show.

RCF has put its money where its’ mouth is in supporting TMT since then and it’s leading the way to a merged identity.

The fact is the sky is NOT falling.
Profit from a 2.7c start is often faster than from a 30c start (on a good thing) especially if multiplied by a dozen - so short term traders should be happy?

For those with the long view - like AVL CEO Graham Arvidson who has made repeated allusions to when lithium was at its start - there is no rush.

Is RCF complaining about terms here? It’s the one taking the multi million dollar hit on its’ original investment in both companies.
Why not?
It’s already been taking the long view here since 2021 and it will continue to do so I think.

cheers

PS


This is lifted from the second part of a post elsewhere by @ASX101 with an excerpt from Australian Financial Review summary of the green energy roadmap published by the CSIRO back in March: https://hotcopper.com.au/posts/68118039/single








As grid operators and utilities look to the longer end of the medium-duration storage requirement, flow battery proponents will have more opportunity to tout their wares.

But how can they overcome their current cost disadvantage?
The CSIRO’s road map puts the levelised cost – or all-up capital and operating cost – of VRFB battery storage at just under 45¢ per kilowatt-hour in 2025, compared to just over 25¢/KWh for lithium-ion;
by 2050 it sees these numbers at 25¢/KWh and just under 15¢/KWh.