so you think AVL will approve TMT issuing more shares at 20cents...

so you think AVL will approve TMT issuing more shares at 20
cents to get the deal over the line.

meaning they give 12-1 to another approx 50m shares and at the same time causing a mass exit from the AVL when they realize they can buy AVL shares for under 2 cents since the merger is now a certainty?

so everyone ends up further underwater when AVL tanks and sentiment towards combined management is trashed.

you are very clever @sabine.

TMT need a contingency plan if this merger gets blocked. increasing placement capacity is logical for a company who would be looking to do pre development work or build a mine order long lead equipment