TMT technology metals australia limited
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This ann today is pure BS. TMT shareholders will get the...

  1. dbd25
    7,307 Posts.
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    25/09/23
    12:00
    Post #: 70009700
    This ann today is pure BS. TMT shareholders will get the equivalent of 32c a share for all their mine assets. That's it, no upswing due to the EPA approval, or anything else. Then they get this money not as cash, but as AVL shares, and 42% of their own ore deposit back, at 42% of a crappy, oxidised ore body that is hard to refine. The big money is in the Vanadium in the ground, nothing else. Its a rubbish deal for us.

    All IMHO, DYOR
    TMT Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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