Many of you may have already seen this video, but i thought i'd keep this thread up to date. This interview with the MD was released 8 days ago. Im pretty much just jotting down my thoughts as i continue my own research
At the 5:35 mark Anthony Rovira clearly says "and then they completed the DD (due diligence) which has now been finished and we are entering into an offtake arrangement.... once we've signed that offtake agreement which is only a week or so away.....once we've done that, thats the last of their conditions, so then they take the other 15% of us for the full $20M"
I was thinking why they didn't announce the first part to market officially via an ASX announcement (due diligence complete and investment into AZS confirmed) - however i have noticed that part of the condition to actually finalize this deal is to sign the offtake agreement. So they can't actually finalize the investment until the offtake is signed - they come hand in hand. It makes a bit more sense now. Good news is that this should be any day now going by the MD's words.
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