TMT now has a very large target on its back, page-16

What facinates me that RCF spend $8m to get 5% of another Vanadium company whose numbers are not as robust as TMT by had a Mkt cap at this moment of neally double. If they spent the same on more TMT they would surpass 20% and forced to make a full takeover and this would mean need to raise the capital for mine construction...wothy but not desirable... I consider an Investment is another V comany as a positive and hugh rubber stamp of approval for a industry about to grow around 35% pa....recent presentations here and oversease clearly illustrate that VRB demand for electrolyte will need just on double the current amt of V.....new mines or from secopndary sources (too expensive lack purity).

It all adds up for a good ride....mind you we are yet to get the news on next developements on VRb,EPA ,offtake ,...not to forget India and TATA...some solid partners.
GLTA