I was under the impression that AVZ could still pay $20m to bail from the deal. If so, it will be small change when we reach the business end.Doesn't CATH have 100% offtake agreement? Musk just happy to keep buying batteries from cath! Win -win for AVZ!
Worth noting that this report in the Aussie has somewhat changed since last night, though not noted as updated. And no journalist attribution suggests a rewrite of a press release.Yeah saw that M23 report, and noted the closing comment: DRCs critical minerals once seen as a blessing are turning into a curse.
So it was encouraging to hear that FT just had a surprise meeting with Kagame, despite their previous bad blood.
"The heads of state reaffirmed the commitment of all parties to an immediate and unconditional ceasefire" as agreed at an African summit last month, the statement said.
This meeting occurred within days of Felix meeting Trump's special advisor in Kinshasa. Things are definitely cooking.
https://www.theaustralian.com.au/ne...r/news-story/bf18fbde8a9f12d7530b9ffb54e01229
Does AVZ need a ML if it's to off load Roche Dure to the US ? If not I'm guessing the Cath deal is void .I was under the impression that AVZ could still pay $20m to bail from the deal. If so, it will be small change when we reach the business end.
But what do I know ? - my head is spinning with all of this shit atm.
Happy to be corrected.
hey guys, just looking for some direction.... where the hell did we see or get proof of resource capital (aka carrot dick) increasing their shareholding after the unsolicited offers? I assumed it was annual report for 2024, but, wasn't in there... was there another top 20 floating around or something? perhaps i recall seeing it go up and then getting taken down....
actually just need it to help out with someone valuing their shares in avz for smsf audit purposes... they want to value them right down for beneficial purposes...
cheers dave... even had a look at your thread... much appreciated.Under Resource Capital Investments mate
View attachment 79736
Top 20 Shareholders — AVZ Minerals Limited
avzminerals.com.au
I think this to me is at least an unknown that I have no real information on. I hope it’s as easy as a 20m “Break fee” to unravel the possible CATH partial ownership. It will have to happen before the ML is granted, but I feel the DRC will be pretty keen to not give a ML if we are to kick out CATH just to keep their Chinese masters happy but also probably in spite. Yea I know the media has reported that the USA want Chinese out completely but it’s hard for me to see how that will work. DRC will be best served to play the two superpowers off each other. Why I think China will be hard to remove from AVZ even with the supposed USA directions.I was under the impression that AVZ could still pay $20m to bail from the deal. If so, it will be small change when we reach the business end.
But what do I know ? - my head is spinning with all of this shit atm.
Happy to be corrected.
I think we established that in the REVISED TIA, there is a new clause that states there is no BREAK FEE. So, in theory, either party can fold without penaltyI think this to me is at least an unknown that I have no real information on. I hope it’s as easy as a 20m “Break fee” to unravel the possible CATH partial ownership. It will have to happen before the ML is granted, but I feel the DRC will be pretty keen to not give a ML if we are to kick out CATH just to keep their Chinese masters happy but also probably in spite. Yea I know the media has reported that the USA want Chinese out completely but it’s hard for me to see how that will work. DRC will be best served to play the two superpowers off each other. Why I think China will be hard to remove from AVZ even with the supposed USA directions.
According to recent articles Trump doesn't want Cath in on it .I think this to me is at least an unknown that I have no real information on. I hope it’s as easy as a 20m “Break fee” to unravel the possible CATH partial ownership. It will have to happen before the ML is granted, but I feel the DRC will be pretty keen to not give a ML if we are to kick out CATH just to keep their Chinese masters happy but also probably in spite. Yea I know the media has reported that the USA want Chinese out completely but it’s hard for me to see how that will work. DRC will be best served to play the two superpowers off each other. Why I think China will be hard to remove from AVZ even with the supposed USA directions.
I thought it was close to 60M shares the dick picked up and Dave seems to confirm thathey guys, just looking for some direction.... where the hell did we see or get proof of resource capital (aka carrot dick) increasing their shareholding after the unsolicited offers? I assumed it was annual report for 2024, but, wasn't in there... was there another top 20 floating around or something? perhaps i recall seeing it go up and then getting taken down....
actually just need it to help out with someone valuing their shares in avz for smsf audit purposes... they want to value them right down for beneficial purposes...
China's already got half of Manono, stolen all to themselves, so ya know, fuck em.According to recent articles Trump doesn't want Cath in on it .
I don't know why anyone would offer to take over AVZ if Dathcom "didn't have" the ML or at the very least have some reasonable assurance that it would be receiving the ML as part of the dealDoes AVZ need a ML if it's to off load Roche Dure to the US ? If not I'm guessing the Cath deal is void .
Conditions precedent to the transaction completion (with Cath). Completion is subject to satisfaction or waiver of certain conditions precedent, including: - the Mining Licence being granted to Dathcom.