In March at Tribeca’s Future Facing Commodities Conference in Singapore Graham spoke specifically about the merger from 7.48 minutes
If you start from there you’ll see he says they expect to announce the combined resource before the end of this month.
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I’m sure more eyes than ours will be attending to whether he follows through with realising this expectation.
But will it affect the price?
One of the company executives has already mentioned a 50 year mine life so the market may have already factored this in?
(Except AVL is trading right now as if *nothing* has been factored in!!) *
cheers
* PS Last September the merger was valued at $217m (
https://www.listcorp.com/asx/avl/au...d-tmt-agree-a-217-million-merger-2929919.html) with AVL shares having fallen significantly to 2.7c (a 30 day VWAP of 2.9c a share) and TMT trading at 27c.
(20min delay)