I posted my thoughts on the AVL side but need to vent some more.
I was hoping for project progression to be the driver of my fortfolio growing, permits literally weeks away possibly.
Question, do we now sit through several years while the BFS/ore/ is combined? Hell maybe even back to more drilling.
What is the several years of EPA process we just wnet through worth now? value = zero if they need to start again..
AVL planned offsite processinging. And have a convoluted process anyway to process their oxidized ore... Makes sense to do it all onsite now, so have to imagine enviro's (submission side at least) is back to square one for a new facility?
Anyone wanting to hold another 5 years I am sure success is gauranteed now with one orebody, one company, but I feel like I have done all my waiting and were close to the pointy end, only to be how many years backwards again?
Better be a decent acquisition price considering all the work put in by TMT, but RCF would be leading this thing and they make their quid severall years down the track from owning both, so they don't 'need' TMT to sell at a premium. In fact most likely they are the ones buying and funding it from the AVL side, so my feeling is that all we have left is Ian to make a final stand for us and ensure TMT faithful are not shafted for the 'greater good'.
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