It 's an asset sale . Not a TO . Doesn't need SH approval . No one is taking over AVZ Minerals . IMOCan someone please clarify, doesn’t there need to be a vote by shareholders to accept a TO offer?
This.It 's an asset sale . Not a TO . Doesn't need SH approval . No one is taking over AVZ Minerals . IMO
The little bird on your shoulder wouldn’t of happened to whisper a price in your ear?This.
Assets sold.
No idea, just dispersing what I hear. Ivan Milat might be whispering in my ears for all I know.
Yep.The little bird on your shoulder wouldn’t of happened to whisper a price in your ear?
It 's an asset sale . Not a TO . Doesn't need SH approval . No one is taking over AVZ Minerals . IMO
Yes any sale of AVZ only asset will need to be put to shareholder vote for approval.Can someone please clarify, doesn’t there need to be a vote by shareholders to accept a TO offer?
Yep.
Several and all assets sold with varying degrees of ownership which gave a price of.... a grand total of a massive and debaucherous AVZ group trip to Thailand later this year!
PLUS... enough money to make your own way in this world
Ukiyo...
And actual Ukiyo
Details are presently unknown.
Expect above ATH.
Edit:
I expect all beloved TSE handles to listen to my posted music!
Agree….but TO very unlikely to get FIRB tick off unless it’s a western suitor….which again is very unlikely.A TO would be preferable to an asset sale, but ok
Lets just say equivelant to make things simple. So no solid sale price, just confidence the total is well above ATH equivelance.Above ATH...... But the sketchy reports is that it's an asset sale, so saying above ATH means nothing unless you're saying the assets sold above what's the ATH market cap was?
Would have to be more than double ATH to even get a whiff of a chance of shareholders voting in favour. ATH didn’t account for latest drilling, upgraded resource estimate, DFS 2.0, Manono SEZ, 10Mtpa plant, 2 x PLS Trains, significantly reduced transport cost to in country battery plant and premium for control of Worlds biggest resource that will continue to get biggerAbove ATH...... But the sketchy reports is that it's an asset sale, so saying above ATH means nothing unless you're saying the assets sold above what's the ATH market cap was?
That's not true at all . Share holder approval is required. @Azzler those mushrooms you are smoking must be pretty damn good ? You are hearing voices buddy that don't exist LOL. Either that or you've been on the piss all afternoon?It 's an asset sale . Not a TO . Doesn't need SH approval . No one is taking over AVZ Minerals . IMO
Whilst you obviously feel that way, I would counter that many SH would not only take ATH, but a fair bit below, just to get the fuck out.Would have to be more than double ATH to even get a whiff of a chance of shareholders voting in favour. ATH didn’t account for latest drilling, upgraded resource estimate, DFS 2.0, Manono SEZ, 10Mtpa plant, 2 x PLS Trains, significantly reduced transport cost to in country battery plant and Worlds biggest resource that will continue to get bigger
I would take $4 just to get the fuck out….otherwise it’s a US$20billion claim in the ICSID plus interest!Whilst you obviously feel that way, I would counter that many SH would not only take ATH, but a fair bit below, just to get the fuck out.
Also, no idea what the sale price actually is.
Would have to be more than double ATH to even get a whiff of a chance of shareholders voting in favour. ATH didn’t account for latest drilling, upgraded resource estimate, DFS 2.0, Manono SEZ, 10Mtpa plant, 2 x PLS Trains, significantly reduced transport cost to in country battery plant and Worlds biggest resource that will continue to get bigger
You missed out that it will be in Billions …. Not MillionsAside from the possibility FIRB blocking a TO, what makes anyone think that a company taking over would be granted a ML when they haven’t granted it to AVZ.
It seems any company wanting to take over AVZ would would have to sort out Dathcom’s ownership with Dathomir, let Zijin have 15% and MMCS have 5%, figure out where the extra 5% to the DRC comes from, negotiate new ownership and offtake contracts with CATH, possibly lose CDL, and still have over $9 million to offer us
Have I missed anything Chilla?
Anyone who believes anything CKK says probably still believes in leprechauns
Geist, I used to think you were really smart, and just a contrarian. Granted you're a researcher, but ...many idiots can research until the cows come home.That's not true at all . Share holder approval is required. @Azzler those mushrooms you are smoking must be pretty damn good ? You are hearing voices buddy that don't exist LOL. Either that or you've been on the piss all afternoon?
You missed out that it will be in Billions …. Not Millions
Just opinion but .... bribes.Aside from the possibility FIRB blocking a TO, what makes anyone think that a company taking over would be granted a ML when they haven’t granted it to AVZ.
It seems any company wanting to take over AVZ would have to sort out Dathcom’s ownership with Dathomir, let Zijin have 15% and MMCS have 5%, figure out where the extra 5% to the DRC comes from, negotiate new ownership and offtake contracts with CATH, possibly lose CDL, and still have over $9 billion to offer us
Have I missed anything Chilla?
Anyone who believes anything CKK says probably still believes in leprechauns