AVZ 0.00% 78.0¢ avz minerals limited

News: AVZ China's Ganfeng to pay $130 mln for stake in Mali lithium mine, page-13

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    I think AVZ didn’t want to shut off options and the strategy is actually to move away from China in the future. Europe is clearly the goal, prepayments are associated with worse terms on the product. We have heard the lawyers say we have the best market terms.. I doubt you get those and ask for cash upfront.
 
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