If the Chinese are claiming we will only hold 36% what happened to the money we paid to get up to the current 75% ? Also if any of this BS is true then surely the CATH deal is dead in the water ?Because the problem may just be we don’t own 51-66%. Some are pushing the argument that we will only end up with 36%. Now that would be a problem!
Would love just this point to be clarified by AVZ/DRC. Would sure make me sleep better. That extra 15% is icing on the cake but without majority share we dead in the water ( pardon the pun with the talk about boatman today )
Go for it, I never shorted, I believe shorting should be banned to be honest.Mind if I borrow that to post on the crapper? Won't show your username or anything, if anything it will probably get me banned![]()
Have you heard the price of snacks in DRC at the moment?If the Chinese are claiming we will only hold 36% what happened to the money we paid to get up to the current 75% ? Also if any of this BS is true then surely the CATH deal is dead in the water ?
Go for it, I never shorted, I believe shorting should be banned to be honest.
There are call and put options if you wish to gamble and magnify your exposure on shares going up or down.
But deadset against allowing brokers and or large institutions to use shares on their books to manipulate a share price.
Was just interested what it would cost to short, there are probably people on here, who could give a better explanation.
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Note the tasteful cropping at the top, just enough to be readable without looking intentional...
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Haha nice. It was a quick back of the envelope calc just to illustrate a point, which seems to have been lost for certain Crapper members.
That's the kicker, this has been a game of chess all along, we know yibin, huyaou all playing games trying to starve us when the price of lithium was in the dumps so we struggled for $$. Im sure Nigel an the board have a plan for the highly unlikely outcome of Zijin.If the Chinese are claiming we will only hold 36% what happened to the money we paid to get up to the current 75% ? Also if any of this BS is true then surely the CATH deal is dead in the water ?
Must have been bought out by the Chinese...
And with CATH's waiver re ML and then announce another extension . Obviously crap going on behind the scenes .That's the kicker, this has been a game of chess all along, we know yibin, huyaou all playing games trying to starve us when the price of lithium was in the dumps so we struggled for $$. Im sure Nigel an the board have a plan for the highly unlikely outcome of Zijin.
I bet it goes along the lines of 9% for catl with a renegotiated amount of capital they give us (still enough for us to go mining) and both CATL & Zijin then cough up for their portion of costs, we hold 51% and they start again with their plans an BS.
Hey Mining8 have you been on the Bat Phone to Nigel recently ?Boatman is just dirt and lies and AFR just the other week reporting 36% and had to retract because of the L.E.G.A.L. F.A.C.T.S. when corrected by AVZ. This is truly gutter journalism by the AFR smearing AVZ from a disreputable group(Boatman) when already knowing the F.A.C.T.S!
Here are the F.A.C.T.S.!:
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Yeah not exactly going to say otherwise today are they?"As previously disclosed to ASX on 4 May 2021, any purported transfer of the 15% interest to Jin Cheng would be a material breach of the pre- emptive rights contained in the existing Dathcom Shareholders Agreement, invalid and of no force or effect." AVZ 11/05 / 22
Does anyone recall this announcement (4 May 2021) or conversation referring to ?
2021 is a typo"As previously disclosed to ASX on 4 May 2021, any purported transfer of the 15% interest to Jin Cheng would be a material breach of the pre- emptive rights contained in the existing Dathcom Shareholders Agreement, invalid and of no force or effect." AVZ 11/05 / 22
Does anyone recall this announcement (4 May 2021) or conversation referring to ?
Thanks mate .2021 is a typo