News: AZS Azure Minerals Updates On Timetable For Scheme Of Arrangement, page-45

I agree, in fact the rejection could be seen as somewhat of a political win. Stopping the chinese from acquiring the assets.

Secondly, nobody has mentioned the fact Gina may not want to be bound to this deal anymore.

Lithium landscape has changed materially over the last 12 months. EV's sales has slown and supply out of africa continues to surpisie. I would not be at all surpirsed if Gina was back channeling that she could care less if FIRB rejects. She gets to walk away and buy something else far cheaper.

I'm not saying any of the above is likely, just that's a possible scenario. Market hasn't closed this "Discount" for a reason. Uncertainty remains and could remain for a quite a while. Expect the unexpected.