@LewisB - AVL may well be simmering away in the background, but...

@LewisB - AVL may well be simmering away in the background, but the problem is that they are rapidly spending their available cash, and that is money that should be going towards building the mine and infrastructure. At this rate, they may well finish all the steps of 'preparation", and then will come back to shareholders fot another CR which will result in eye watering dilution. They simply cannot afford to do more CRs. No doubt the cash they are currently chewing through came from TMT's reserves in the first place. The cash burn rate is just too high in this lifestyle company.

all imho, dyor