TMT DFS, page-177

there is a new benchmark set in the V industry via TMT.

quoting super high grades at VR8 means nothing without a PFS / DFS style process.

hence why their cap raise was poor....TMT raised during peak V prices.

The key with be the AVL result of it matches VR8 they ar Both in trouble and the TMT risk profile increases until TMT secures finance.

TMT still in the driving seat for risk vs reward.

The market tried to dump this down! The floor is in.