Just dropped by after a few weeks. I plan to keep an eye on TMT,...

Just dropped by after a few weeks. I plan to keep an eye on TMT, and it's first class V resource.

Glad I sold and reinvested in PCK, but now TMT's SP is getting low enough to entertain putting my toe back in.

There's the prospect of TMT SH's blocking this seriously unfair deal - unstitch the stitch up, or at least demand better terms than 12 pieces of AVL's highly-diluted junk paper.

Yet you'd have to hope that RCF would then give a stand-aloneTMT a fair go?

Difficult one that.

Getting fairer terms from RCF's AVL puppets may be the safest outcome to hope for.

If that fails, at these SP levels, the share swap still provides a prospect of recompence. Of coursr, there'll then be oodles of AVL paper issued, so exit timing will be crucial

I see Sabine is still wittering on obsessively, and getting a few up ticks from visiting AVL SH's. Golly, without a viable resource of their own, why wouldn't AVL SH's support this deal?

Sabine's strongest angle, which perhaps rational people are a bit blind to, but shouldn't be discounted, is the synergies of corruption.

Politicians don't mind squandering millions, even billions (in the case larger countries) on "visionary" BS, if there are opportunities for cronyism and corruption together with a vote winning "narrative", however worthless the case.

They'll certainly make grandiouse announcements, which could spark a frenzy, and this is perhaps is AVL's strongest card at the moment.

Certainly Albo is desperate for something big in the "vision" space after his referendum drubbing, so could provide the Joker Card giving RCF's AVL a free ride, whereby quality and economics scarcely matter, at least while the subsidies and Govt "investment" hold out.

Political sleaze is the big Joker Card in this game, but I don't have anymore of a clue than Sabine does, when in comes to valuing it?