That's exactly my thoughts... TMT as a standalone investement...

That's exactly my thoughts... TMT as a standalone investement was in a much better position, financially better predicted outcomes, well advanced in terms of timeline.
Then not to mention this offer coming right before some predicted dominos to fall that would have in all likely hood, seen a pretty significant increase in share price.

The writing was truly on the wall when RCF took up a position in AVL.
To get maximum value from this resource as a whole, they have made the right move, so from that perspective, totally agree alecfra, but TMT holders are truly getting absolutely zero back for their investment, zero return on an EPA process that was almost finished with.

The announcement voices this as the best possible outcome for TMT holders, that is rubbish.
It's the best outcome if you hold both, or I would argue, also if you hold AVL as there is zero downside there. They were looking at a year+ of doldrums waiting on what was going to be a lacklustre updated BFS and absolutely a year+ extra of EPA waiting.

The better project/investment has been swallowed up here...