Two non viable projects.
Getting financially useful offtake deals in the near future if TMT were to go solo from this point is a laughable notion given low spot market vanadium prices plus the vastly increased costs needed to hire contractors to produce the ore, and general global penny pinching.
And who’s going to lend money to a bunch of pirates?
Who else will lead this company given the executive shortage?
One of the most important MOUs with CNMNC has just fallen off the perch in the last few months.
Bah!
But the ‘dirty dozen’ conniving in their twitter cave have - up until now - been trying to promote the notion that 12 cheap shares in AVL in exchange for off loading the TMT project into safer care is not fair value.
The real agenda is coming put now - it’s just ugly GREED by a bunch who are mostly in good profit already but still intend to try to maliciously sabotage the merger wasting time and money in the process.
I’m actually surprised that some here who I have previously respected are condoning it and I hope @Timee is right and that none of you have letters from the board
Two non viable projects. Getting financially useful offtake...
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