Skar
Regular
.... Kobold specifically have said as part of their proposed deal, they don't want to antagonise China and will compensate AVZ for ANY lost stake (Bezos, Gates etc have interests in China- Bezos took a very anti-trump stance on the Tarriff situation so its not like the US is one uniform entity without its own internal politics either, thats why I say Kobold are ONE potential way forward). In exchange Kobold have asked AVZ to agree to a framework... AVZ have agreed AND publicly stated its a non-binding framework. If AVZ management decide the framework has not led to an attractive position for SH, it doesn't have to proceed. Kobold obviously feel they can get to a place where all parties are happy.... given the project economics I do too (thats why I think SP guesses or premature accusations of low ball offers are not yet warranted).Not if it's part of the security agreement that the USA get Manono. Which it likely is.
What I assume this will all mean is once all the details are worked out, we will be made aware of a potential plan. Until then we are all just reading tea leaves on this one. What people do not realise though is AVZ while massive to us, is a little pebble of value in the grand ambitions of the players discussing things now, TRILLIONS of dollars for the them vs a few billion +/- on this deal is not going to get them out of Africa (maybe out of Manono until its more attractive to commit the capital but as long as their is value in it for them, they will pay).