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25/09/23
12:57
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Originally posted by RhysT:
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It makes sense for the resource, RCF will make this deal happen, I will be voting No with a message to come back with a better offer... This should be where a tight register can actually help keep things in favour of the little guy, but i'm sure the voters that matter have all had the personalized sales pitch by now. I think most TMT holders could swallow this as it probably does help the project eventually have greater success, but the price and timing is a joke, and perfectly orchestrated by RCF. As I have said, all upside if you have a large or any stake in AVL. Zero upside if you strictly hold TMT, so the value needs to be in the offer price. Simple as that.
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Let’s say it gets voted down do RCF sell some of their shares forcing us into submission at a much lower price? The power in this conversation is with RCF and I will be voting no but does TMT have an ace up it’s sleeve to take RCF out of the conversation? TATA and India if they want some vanadium need to step up and take out RCF if TMT is to succeed on its own is the way I see it. RCF have always been the problem but are now offering a lowball offer solution which only suits RCF And AVL.
Last edited by
Troydt :
25/09/23