Xerof
Flaming 1967
Unsubstantiated but I think it was 8% of AVZ shares, USD 27 mill, a 10% free carry in any future LiOH plant and something else that has escaped me for nowI'm not sure how valid it is but somewhere is floating around AVZ's apparent offer to drc gov of 5% avz shares (or AVZ's 5% share) as well as a sum of money. Far exceeding zijin's $33 odd Mil for the 15%.
Anyone got a reference to that?
Nigel 'may' have validated this somewhat in that latest interview.
Be nice to see an outcome like this pop out the other end of the suspension. With a reversal and some jail time for those involved with the shady zijin deal.
The expectation will be 10mill per %, like the CATH deal I suppose
HAGW all