Have a look at the makeup of the proposed board of directors....

Have a look at the makeup of the proposed board of directors. It's TAW dominated. The MD is the TAW MD. The only thing left of AMAL at the end of this process is the name.

Effectively we've bought 50% of the best Lithium producer around by paying a 2% premium (paying 51% for a 50% share)

The combined entity will have reduced overheads. It's one head office rather than two.

It will be able to make decisions faster - rather than relying on two entities to agree - especially when one of them has had internal issues.

AMAL's internal issues have been a drag on the combined entity for 18 months. This problem is being resolved.

Yes there has been a capital raising - we needed that regardless to keep up the momentum.

TAW has come up with a great deal to power the company going forwards.