As you say Lewis
• AVL resource
will be useful
• It also has downstream processing connections with contracts well in hand
• Government grants so far amounting to $49m + $3m plus for the Wangara Electrolyte Plant due to start processing in a few weeks (33 MWh pa ) with offtake contracts to be announced
Also
• High profile to potentially collect more downstream government help/special advantages through next week’s Australia-US Alliance for the future arrangements (“
industry leaders are pushing hard to advance investment and operational support from the US to establish domestic refining, processing and manufacturing operations”.)
— NB National Resources and Northern Australia minister, Madeleine King has already been talking up Queensland’s BIG vanadium battery future which is already getting huge support in that state (Madeleine noted the $5b Copper String project specifically in regards vanadium back in June).
A merged Meekatharra vanadium base gives instant advantages in regards size and credibility to potential financiers.….
• AVL already has a strong relationship with US-based Metso Outetec which is currently doing last stage testing for AVL’s patented process for ‘significantly increased vanadium recovery and plant operability over traditional kiln processes.’
• Oh and the new board and management over there have sterling credentials - one non executive director is also a director at PLS for instance, there’s also the ex CEO of Atlantic, Anna Sudlow - ex Woodside and like others on the board highly experienced in strategy, capital management and funding, commercial analysis, business development, risk and financial reporting and governance at a tier one level
There’s no way that TMT is the ‘orphan child’ in regards the merger but to sneer at what AVL has to offer (including the current low prices and the large number of shares) indicates a great lack of even simple research and possibly an egocentric attachment to outdated ‘US/THEM’ Hot Copper forum war of days gone by.
I understand that a lot of older shareholders may not be flexible enough to admit times have changed at AVL and that the merger will bring plenty more opportunities at an important time in history than would otherwise have been the case for either company.
