Ann: Merger Presentation, page-568

TMT have lost a substantial amount of credibility in my view. All this year and up to only 5 weeks ago, they were telling their investors what a wonderfully attractive project they had, and then less than 2 weeks later, they suddenly announced that they needed to merge with AVL to "unlock synergies" and other similar excuses that were hard to fathom and justify. Here are some of the slide titles that they published 5 weeks ago in the "New Worlds Metals Conference" (12 Sept 23) :

"A COMPELLING INVESTMENT
EXPERIENCED BOARD & MANAGEMENT
THE WORLD’S NEXT PRIMARY VANADIUM MINE
EARLY ACCESS TO HIGH YIELDING ORE
IMPLEMENTATION OF A TIER 1 PROJECT
PROJECT DELIVERY ACTIVITIES
LOCKING DOWN KEY INFRASTRUCTURE
QUALITY COMMERCIAL PARTNERSHIPS
FUNDING STRATEGY"

Where does the merger leave most of these statements ? I'd guess each now has several question marks next to them.

All IMHO, DYOR