This is what is pissing me more about the merger than the 1:12 ratio. Worrying about how many AVL shares we should get is being Penny wise and Pound foolish.
All the hard work that has gone in for years and now we are back to the start. Waiting for everything to happen again: integration study, updated DFS, EPA. Months and Years of waiting ahead of us.
Even if we don't have to reapply for TMT side of the project, we still have to wait a year or two for AVL's EPA to come through.
Not very long ago we were so confident and touting TMT as the sure shot 1 Australian V mine to go into production.
All hopes shattered in 1 stroke.
I feed cheated.
TMT Price at posting:
26.0¢ Sentiment: None Disclosure: Held
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