TMT now has a very large target on its back, page-68

As someone who held Altura (AJM), which originally split the deposit with PLS, and watched one turn into a 10 billion dollar company and swallow the other in the process, I'm going to be very interested to see how this plays out between these two companies as they are setting up to do the same (share the deposit). I'm not suggesting that the AJM/PLS example is instructive or indicative of that will happen between TMT and AVL, but there are clearly some parallels to that situation.
Whatever the situation, you'd have to think that first mover advantage is important, possibly crucial. TMT looks good in this respect, as far as we can tell, so I'm feeling pretty positive right now.