AZL 6.25% 1.5¢ arizona lithium limited

chairman takes a haircut, page-22

  1. AI
    1,505 Posts.
    Yep Kooke, seems to be written in Lawyerese lol.

    I don't think you can be certain about any dates besides the first payment and the first VWAP.

    The second payment references 5 days after 1 May or the date of fulfillment of suspensive conditions (have they been met already?) whichever is later. (the all cash or cash/JSE is based on the second payment date too)

    And the second VWAP is for the period before the conclusion of the formal agreement.(Are the 2nd payment and conclusion of formal agreement the same thing?)

    So I guess its possible it could all happen based on 5 days after 1 May or could drag on longer.
 
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