What about SQM? They are indeed a mine-maker specifically for Li, and we are effectively partnered with them they have a blocking stake at 20%, do you seriously think they will vote for RIO to have this? Not in their interests is it?
It's also arguably not in the interests of shareholders to take the money and not see this realised to full potential. Especially since the orphan period that usually follows a MRE, PFS and DFS is pretty much avoided here with the infrastructure needed being reduced by the synergies of SQM's plant near Perth.
All this apart from the reality that AZS holds more than just the Andover tenement, so at most it will be an asset sale of Andover and not a T/O of the entire company for obvious reasons to do with estimating fair value.. Those reasons include that the relevant tenements include other Creasy specials and Tony R and team need to work their magic on those and not do a fire sale.
The same issues keep being raised and the same points made in reply. I see that many cannot be bothered to make them in response anymore.
I can understand traders wanting to talk up a T/O but address these points please, and keep it real.
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