We can all speculate until the cows come home , but by looks of Nigel's signature on that Kobold document , I'd say the decision has already been made (including $$$) . Felix also being in the loop . Now we wait for some due process before they drop the details on us and this sh1t show finally comes to an end . IMO
I would say the broad strokes certainly have been agreed to, with the framework being in place now the detailed negotiations can begin... there are enough complexities, schedules and milestones, break clauses etc its not a done deal till money hits my bank account.... as we all know escrow is not enough .
Kobolds been at this since January, is there a confidentiality agreement in place (which is why no word from AVZ yet)?
So Kobold have released details while AVZ haven't said diddley.
My guess is the deal isn't done and AVZ are giving other suitors a chance to better the offer. Cath want this dirt so surely have an avenue to try keep it in their hands. Zijin also know they are on borrowed time and the extra cash from Cath helped us call their bluff.
Once you take all the emotion out of this (screw Zijin) everyones money is the same colour, with the exception of whatever monopoly money they use in DRC. It's Nigel's job to get the best rate from whoever is willing to pay. No way would he take a US offer if there's a higher Chinese offer in the mix. The Chinese would release this info ASAP and SH's would sue poor ol Nige.
I don't think the fat lady has sung just yet.
'AFAIK Shane never shorted or bet $AVZ would fail, that’s just another fiction on a guy you’ve likely never had a conversation with'
So a fictional guy, who is the same guy as this fictional guy is referring to, is lecturing another guy about having a fictional conversation with another guy.
So Kobold have released details while AVZ haven't said diddley.
My guess is the deal isn't done and AVZ are giving other suitors a chance to better the offer. Cath want this dirt so surely have an avenue to try keep it in their hands. Zijin also know they are on borrowed time and the extra cash from Cath helped us call their bluff.
Once you take all the emotion out of this (screw Zijin) everyones money is the same colour, with the exception of whatever monopoly money they use in DRC. It's Nigel's job to get the best rate from whoever is willing to pay. No way would he take a US offer if there's a higher Chinese offer in the mix. The Chinese would release this info ASAP and SH's would sue poor ol Nige.
I don't think the fat lady has sung just yet.
AVZ announcement just confirming KoBold/USA interests in Manono. Non binding MOU signed to work towards a resolution. Interesting CATH got a call out… looks like they might be being “difficult” but tbh I don’t blame them as a partner in this project.
Also the social media campaigns probably does need to be wound back.