Mr Inappropriate
Regular
Agree - we would be subject do a different form of shitfuckery if we have those pricks in our neighbourhood. We‘d:Yes this has always been my view; I always expected Chinese or others to make a move on AVZ and for them to come in quickly , after they waited for AVZ to take the risk and go through the hurdles in getting the ML; once ML was in hand then it was who‘s quickest off the picket fence.
I suspect Zijin and all other interest parties expected the same thing; however Zijin / CAMI and co have likely caused the other potential movers to climb back on to the fence whilst this shit is worked out ; however Zijin , affiliates & crook friend likely using this mess to stitch up AVZ.
Should AVZ manage to come out of this , I think Zijin are cooked and will get not a thing even with regard to offtakes ; I’m sure Nigel would tell them to jog on ; but I’d suspect that we’d have offers tabled pretty soon after ML stamped.
heard a couple of times in the past the number of $5bUS mentioned and being the figure that interest would only start to agitate at; since then more drillings has taken place with massive intercepts to firm up more Jorc tonnage and this to the south alone ; it’s unfortunate that we are going through this mess , other lithium plays would be loving it as they rush through into production , even happy to just knock out DSO whilst Dathcom/AVZ tries to shake of these dogs…
i somehow doubt AVZ are going to come out of this this totally intact .I.e. North and South ; 10% to government , ROFR accepted and taken up. I suspect higher percent at 15% to the government along with a few more frills ; ROFR % likely goes elsewhere ; hoping, as it should 13559 is granted to AVZ as a whole and the tailings fall within this granting. That or 80% of that and it’s red hot for TO advances ; north carved out and I think you have a few hmmm noises being made , as the north from that point would likely head into Chinese hands and those guys would just swamp infrastructure capacity leaving it difficult in the short / medium time for operators in carrier as they would likely have a grant of ML with a 10 page application passing through cami in record timing and boots on the ground before the rest
- have difficulties accessing local skilled labour and materials
- be subjected to new and interesting administrative hurdles
- be subject to physical disruption (remember the burnt 4WD?)
- be competing for transport and power access
- be competing with companies with a far lower cost base (chinese screwing their labour force).
I’m sure there’s more…
To avoid this we absolutely must be granted access to all that we were approved for via the ministerial decree.
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