I still have the very strong feeling that RCF is behind most of this merger move, and that it is an attempt by them to somehow rescue their investment in both companies. They must be fair bricking it right now with the Vanadium price is the doldrums which basically undermines any financial model that either company may put forward to build a profitable Vanadium mine. RCF's significant investments are now stuck in the same lobster pots as the retail investors, and everyone will need to wait for the Vanadium prices to recover. Maybe someone at RCF now has their job on the line as a result of their underperforming V investments ? But the solution is not to try to shaft TMT investors with low ball offers.
All IMHO, DYOR
TMT Price at posting:
23.5¢ Sentiment: Sell Disclosure: Not Held
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