The CATL event isn’t just based on award of a mining license to Dathcom by the DRC government, there’s also the required signing of a (CDA) collaboration development agreement & other associated terms which they didn’t expand on ; but the CDA contains subjects such as
*Project Development Framework - conditions around timelines, milestones & infrastructure requirements. ( there was chatter around this one before where unrealistic timeframes could be included putting pressure on us & considered incomplete by some giving rise to disputes)
*Government Support - terms associated with DRC government in providing necessary permits, licenses, and infrastructure support.provisions for regulatory approvals, tax incentives, or exemptions under the DRC Mining Code , ensuring a stable legal environment for investment

.
*Economic and Social Benefits - DRC royalties & $$ uplift to local communities as well as stuff like social obligations e.g. community development programs, environmental protections.
*Ownership and Equity Adjustments - this one reflects the ownership structure of Dathcom, with AVZ holding 75% and Cominière 25%. formalizing of Cominière’s agreement to cede 10% of its stake to the DRC government upon license issuance, reducing its share to 15%.
The last one is a bit of a hand break I’d say as it does open up Cominieres decision of flogging the north to Z based on percentages that weren’t theirs to deal with.
What’s the chances that DRC government signitures are going to land in all the agreed term boxes as agreed between AVZ and CATL… highly unlikely I’d say