Whether the super-diluted AVL+ has legs post TMT takeover rests on two fundamental factors:
1.) Will RCF be satisfied with this level of control and ownership, and fully back the project under those terms?
Or will RCF take step 2, and use the next 18 months of delays to drive the SP into the ground, engineer a debt crisis, to execute the end-game: a 'rescue' of an 'insolvent' AVL+, to take TMT's resource into private ownership for peanuts?
2.) Will the high-spec V price rise?
Will V demand vrs supply justify developing TMT's quality resource? If it does, TMT's resource can offer exceptional pay-back time and ROI - and a huge increase in NPV.
Rise fast enough to hamper a rock-bottom RCF takeover?
IF the V price firms up, WHO will ultimately get to bank the profit from TMT's resource?
