CeckRaiseFold
Regular
Agree - You paint a totally feasible and practical way out of this mess and probably preferred over a TO to maximise value in the long run through to production. It also covers the required mine building and operating skills in remote areas which I do insists AVZ does not have." I never believed AVZ is staffed, experienced or capable to design , procure, construct and run the largest lithium mine and transport its product "
Cant say i agree with you there, Nigel and staff have got us to the ML decree stage rather nicely despite many obstacles i am sure and have brought CATH / CATL on board to utilise their vast experience in developing mines......so bases covered as far as i am concerned.
Now i may get scorched with what i am about to say next, but if i took the emotion out and just looked at the business at hand here, if Zijin does have a claim on the snack 15%, they have a good track record of developing mines too, now obviously no one knows what goes on in the inner sanctum of AVZ / DRC negotiations, but could there be a possibility that AVZ retains 51% control, CATH 24 % , Zijin 15%, DRC 10%, with Zijin paying DRC the balance of what is owed plus a pro rata sum of money to AVZ for the development / expense already under taken ?
Dont get me wrong, i dont trust Zijin as far as i can kick the bastards and my preference is to seek the 66% if it can be achieved, but if its going to settle relations on both sides and progress construction / production , whilst foregoing the long tedious ICC route, then maybe thats an option.
IMO of course.
" I never believed AVZ is staffed, experienced or capable to design , procure, construct and run the largest lithium mine and transport its product "
Cant say i agree with you there, Nigel and staff have got us to the ML decree stage rather nicely despite many obstacles i am sure and have brought CATH / CATL on board to utilise their vast experience in developing mines......so bases covered as far as i am concerned.
Now i may get scorched with what i am about to say next, but if i took the emotion out and just looked at the business at hand here, if Zijin does have a claim on the snack 15%, they have a good track record of developing mines too, now obviously no one knows what goes on in the inner sanctum of AVZ / DRC negotiations, but could there be a possibility that AVZ retains 51% control, CATH 24 % , Zijin 15%, DRC 10%, with Zijin paying DRC the balance of what is owed plus a pro rata sum of money to AVZ for the development / expense already under taken ?
Dont get me wrong, i dont trust Zijin as far as i can kick the bastards and my preference is to seek the 66% if it can be achieved, but if its going to settle relations on both sides and progress construction / production , whilst foregoing the long tedious ICC route, then maybe thats an option.
IMO of course