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26.0¢ technology metals australia limited

RCF would be the only ones buying and have shares on the sell...

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Troydt

4,122 Posts.

1147

22/04/23

17:59

Post #: 67410993
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Originally posted by tonethegroan: ↑

In fact RCF could buy an additional 2-2.5 percent of TMT as long as they stay under 19.9 percent.

That would present about 4.7m shares. If they engineered the buying in a constructive way, they could push the share price to let's say 60c over a month or two.

Question is: why would they?

I just can't see any strategy where we need AVL. We have a 25year mine life. People ask whether it makes sense to have two plants built. My view is that there won't be. AVL won't be mining when we are at steady state and once the cash flow starts rolling in AVL will simply be a customer buying our V (at mkt rates).

Summary, I agree. It's got to be a rising tide situation.

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RCF would be the only ones buying and have shares on the sell register meaning they could re rate the price to whatever they want very easily….

There has been stuff all interest bar a few high net worth retail…..RCF are the only majors I reckon….

All us other investors won’t lose from here is my take….this is why it pays to have a low entry price average for your investment

TMT Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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