And what will happen when the environmental permits are...

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sabine

20,762 Posts.

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01/12/23

15:51

Post #: 71222866
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Originally posted by Hawk70 ↑

Quite.

This is why a significant number of shareholders will be voting NO. Some have already made that public.

There is absolutely no reason to be taken over by AVL, except when it's used as a vehicle for a 'cornerstone investor' to 'buy' TMT for a fraction of it's true value.

Anyone who thinks that the massively diluted scrip of AVL is of any real $$$ value has rocks in their head.

And the drivers behind this harebrained scheme know that - so let's put this to bed, and push forward with the company with the significantly better orebody, onsite mining and processing and permitting application actually in the system.

Or go with the other company, who DON'T have a permit app in the pipeline for a mine site, but a plan to import vanadium for processing to put in batteries they don't currently make.

A takeover does not help the retail shareholders of either company, despite the blarney about synergies being bandied about.

When the world markets change to support financing for a merged entity, it will have changed enough to support TMT on its own.

I'd be more than happy to cull some deadwood off the board, push on with permits and then wait for that.

IMHO DYOR

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And what will happen when the environmental permits are received?
Pennies will just fall from heaven?

(Oh no … oops …not pennies! - They say they need $400 million dollars s according to that government website linked a while back)

What dya reckon Hawk?
Environmental approvals then a pump to 28c, then a raise for $15m at 20c a share to sustain Ian as he gets back on the fund-chasing circuit again?

And what timeline are you operating to?

Last edited by sabine: 01/12/23

TMT Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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And what will happen when the environmental permits are...

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