TDITD
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The pattern is diarrhoea"Does anyone detect a pattern??"
Yeah....and it's giving me the shits
The pattern is diarrhoea"Does anyone detect a pattern??"
Yeah....and it's giving me the shits
CATL just wants to drill Susan.I did read a couple of days ago that CATL were on the blower to Australian lithium Companies, desperately seekingSusanSpoddy.
If I put 2 and 2 together, with the lack of CATH extension (so far) today, my calculator comes up with 24, i.e. 24% remaining with AVZ
Let's see, but if I had to dream up a good story, I'd go with AVZ not willing to go with a chinese partner anymore.
Second evil thought is: is CATH the distributor of AVZ info back to those other bastards?
Trust no-one, in fact I just blocked myself
GO WEST
24 hail Marys and definitely JMT
Now that we mention it, it does seem the timing lines up.CATL just wants to drill Susan.
I don't suppose they care who their partner is, but are probably being 'guided' by CCP.
With this in mind, AVZ has probably only disclosed to them what is absolutely necessary.
wouldn't bother me, they only want the spod anyway, really, as they aren't miners.
LETS LOOK WEST (or NORTH), after kicking Zijin in the goolies of course
I should have gone on to suggest the next step, which is REPLACING CATH with a new partnerBut in this case we have no money to finance the project. Finance plan is necessary for the ML and would play in the hands of our enemies who can say we don’t have everything what’s needed for the development. At this stage with all the problems with the government I’m not sure if it something good.
Not sure why CATH TIA announcing would be related to our suspension. Something is not adding up. What’s the hold up?No CATH extension announcement currently means the TIA has been mutually allowed to expire......though i would doubt this.
CATH TIA announcement of either extension or expiry therefore must be tied in with the other ASX questions being responded to if its not announced today.
Wowwwww, this whole time most of us have imagined CATL as the respectful saving grace that will do nothing but brilliant things. Imagine if they have been feeding info to Zijin...I did read a couple of days ago that CATL were on the blower to Australian lithium Companies, desperately seekingSusanSpoddy.
If I put 2 and 2 together, with the lack of CATH extension (so far) today, my calculator comes up with 24, i.e. 24% remaining with AVZ
Let's see, but if I had to dream up a good story, I'd go with AVZ not willing to go with a chinese partner anymore.
Second evil thought is: is CATH the distributor of AVZ info back to those other bastards?
Trust no-one, in fact I just blocked myself
GO WEST
24 hail Marys and definitely JMT
Till we wait for week or two, we can follow @JAG's footsteps, as I am sure it will lead us to his one day
If you got twitter, be sure to Like and Retweet his work from time to time.
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Not sure he needs to be a magician. I would have thought that as the deal had not been done they the BOD would have been looking for a Western/euo partner for the last 12 months. Especially being the best bod on the asx. Certainly as cath and z are under control of the same master. I was hoping that's why we where drilling. If cath pull the pin now the thieves have another excuse for assholeing us. Surely they would know that. But just imo. Absolutely nothing surprises me with this mob.The cancellation of the decree came without information. When the same shit happen with our cath deal I’m not sure how fast they get a new investor with all that shit that happened in the past. But maybe nigel is a magician and pull big investors out of his hat like rabbits.
Not on bird but what I've seen is realy good cheers jag and thanks.Wowwwww, this whole time most of us have imagined CATL as the respectful saving grace that will do nothing but brilliant things. Imagine if they have been feeding info to Zijin...
@JAG doing some lovely work over on the bird at the moment
As long as we are not seen to have broken the deal. AVZ can hardly afford the 20m to break the contract and we know the Chinese go for the jugular. Cant see CATH saying " yeah sweet forget the 20m"I should have gone on to suggest the next step, which is REPLACING CATH with a new partner
Don’t ask, I don’t know
‘Both’ parties need to agree to extend once the extension date is up for renewal ; if either party doesn’t agree then the deal is off and both go on their way ; neither have to pay the $20m .If Cath cancel the deal, lots of problem solved. Such as $AVZ will have $20m more cash -_-
‘Both’ parties need to agree to extend once the extension date is up for renewal ; if either party doesn’t agree then the deal is off and both go on their way ; neither have to pay the $20m .
If either decided to cancel prior to the renewal date ; then that’s when payout would occur .
As we have currently passed the last extension date ; there’s no penalty for either party walking if they choose to
AVZ needs to retain 51% majority JV control….so they won’t agree to finalise the 24% to CATH until they have full and final court decision on 75% ownership. As it stands 60% is undisputed so max they would agree to sell to CATH until highest court confirms the 75% is a sale of 9% to CATH. And we are told CATH are good with that as their main requirement is guaranteed Offtake. My opinion is if that’s the case do a Offtake Prepayment Agreement and take the ownership out of the transaction and proceed with guaranteed funding based on Offtake.Why does AVZ need to agree to extend? I disagree.
What is to stop AVZ saying give us the $240m as agreed, no more extensions. The mining licence requirement has been waived. If the $240 million is not received then CATH have breached the agreement?
I think there are reasons to want to partner with CATH which is likely why AVZ have previously agreed to extend, but I don't believe AVZ have to.
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Like Fuck they would stump up 240mill in this mess with no ML in hand , CATH would have an out that’s not in AVZ’s announcements that we can see for sure..Why does AVZ need to agree to extend? I disagree.
What is to stop AVZ saying give us the $240m as agreed, no more extensions. The mining licence requirement has been waived. If the $240 million is not received then CATH have breached the agreement?
I think there are reasons to want to partner with CATH which is likely why AVZ have previously agreed to extend, but I don't believe AVZ have to.
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