Ann: Merger Presentation, page-335

You saw a ‘silver lining’ when it turns out there was none Gollada.
Now you see ‘dark clouds of uncertainty’ ?
— Maybe that’s just as unsubstantial a theory.

As for Blythe fan? Well that post where the poo is certainly hitting all the vents has plenty of holes in it I reckon.
Number one - the changed management at AVL!

Number two - (am I allowed to talk about Number Twos after that?)
Why is RCF suddenly favouring AVL according to all the HC experts?
It been sitting around two years on the TMT pot with $13.5m tied up at 37.5c a share (?) with no action..
As of May 24 it had put another $2.75m in to TMT at 28c a share.
- I make that as around $16.25m now underwatsr plus total absence of any benefits that it might have otherwise gained.

AVL ? This year

- AFTER THERE WAS SOME CERTAINTY THAT PAST MANAGEMENT ‘DEBRIS’ many people seem to think was previously clogging the pipes was being purged — it stuck $11.5m in at an average of, I think, something over 3.6c a share.​

It’s a bizarre argument to throw ‘poo’ at RCF on the basis old AVL is the same as it ever was when it is clearly NOT THE SAME!

RCF had the choice of investing in ‘old AVL’ and chose TMT!
Now it wants to merge the two into - as @alecfra writes - into a 1 + 1 = 3 equasion.
It’s stuck a further $15m into AVL at 2.6c a share just last week demonstrating confidence in its’’ maths, and in the future for a merged entity.

And the price at AVL mysteriously dropped to 2.7c a share to suit the proposed deal.


And the vox pox here seems to be a terrified one!
They say they want more shares
They say “a pox on RCF” (boo hoo boo hoo)
And blythely maintain that the AVL price (which has dropped significantly since June) is being propped up!

LOL!
I find this forum to be hilarious!