TMT now has a very large target on its back, page-65

Yes I agree there is room for both companies on a staggered time start...most likely....To combine into one plant has some difficulties as differen states of primary ore...TMT quite straight forward and using convential methods and equipement....AVL much more complex ores with different planned equipement with added costs...partially new and extra transport costs. The interesting secenario is electrolye and battery manufacture and marketing and relationship with othe VRB's...high quality V2O5 is the answer to early involnement......then there is Govt involvement TMT very close to WA Avl has a supposed start with Aust Govt...and critical minerals ...which one is real or talk is still to bee seen. IMHO TMT with Tata will egt there first and estabilish a world presence.
History of Largo and Bushveld clouds there profitability due to old plant and diminishing reserves.. Exciting times ahead