That's how I see it.TO THE NEWBIES OUT THERE INCLUDING TOMMY WANKER FROM AFR
Current percentages of Dathcom as they stand.
AVZ 75%..................Subject to ICC dispute with DATHOMIR 15%
COM 15% / DRC 10%.......Com 15% subject to ROFR AVZ / ZIJIN ICC dispute
AVZ could have 90% control of Dathcom if both ICC deliberations are favourable
AVZ could have 60% control of Dathcom if both ICC deliberations are not favourable
Add CATH 24% to the mix
a) Assuming AVZ have 90% control, equation looks like this ( AVZ 66%, CATH 24%, DRC 10% ).........my preferred option
b) Assuming AVZ have 60% control , equation looks like this ( AVZ 36%, CATH 24%, ZIJIN 15%, DATHOMIR 15% , DRC 10% ).......Oooops, that cant happen cause AVZ dont have 51% operator control as per DRC mining law
c) Assuming AVZ have 60% control, equation must look like this ( AVZ 51%, CATH 9%, ZIJIN 15%, DATHOMIR 15%, DRC 10% )
That last equation would be a working nightmare with ZIJIN / DATHOMIR crooks having 30% , never the less, AVZ retain control, no matter what.
@Carlos Danger ................would i be correct in those scenarios ?
imo, imo
Interesting discussion as this is revisiting old ground from a few occasions last year.
It seems that peeps are realising that we all put our two bob each way on the winner.
The only issue now is what the starting price was?
Hope those Pommie analogies translate into ocker