Maybe there’s a funding timeline we don’t know about and, if the...

Maybe there’s a funding timeline we don’t know about and, if the merger falls over, both AVL and TMT will ‘miss that boat?’
The lead paragraph to that story stated funding was starting to dry up and so there was a growing need for juniors to consolidate in order to secure funding.

That’s pretty straight p, and it’s backed up by everuthing I’ve read this year on the wider situation.
Currently the merger proposal timeline that commenced on 25/09/23 seems as if it is unlikely to be voted on until when - mid January?.
That’s around four months.

If the vote is no then I can’t see it being an ‘oh well’ let’s increase the offer to 16-1.’
People will argue for that, against it, and about whether it should be higher still and, if so, by how much.

How long will the new negotiations last? Maybe months.
Then the whole legal process will start again…
And the share price here won’t be going anywhere with TMT in a share-holder imposed limbo until sometime after June next year.

So will those responsible for grants or looking towards other funding sit around waitimg?
Nope they’re not chained here.
And I don’t want to be either.

By next June without this merger TMT might be putting out for a capital raise at that 12.5c level it noted was possible in its voting section of the AGM notes.
By next June - after a successful merger - AVL could be 12.5c too.

I’d prefer to punt my capital on the second theory.