KoBold Makes Offer for Congo Lithium as Country Courts US, page-1856

Hey mate just so you understand below is taken from the 8 January ASX announcement

Release of break fee arrangements
There are no break fee arrangements. The escrowed US$20 million break fee paid by CATH into an
escrow account under the original TIA will be released to CATH.
5
Conditions precedent to the transaction completion
Completion is subject to satisfaction or waiver of certain conditions precedent, including:
- the Mining Licence being granted to Dathcom;
- the transfer of certain service entities to GLH;
- the CAPEX Funding Agreement is entered into by CATH and GLH;
- a shareholders agreement in respect of GLH is entered into between AVZ, CATH and GLH;
- a revised offtake agreement is entered into between Dathcom and CATH;
- all regulatory approvals and third-party consents required under all applicable laws (including
those of the Democratic Republic of Congo and the People's Republic of China) and contractual
arrangements having been obtained;
- no material adverse change having occurred

As you can see there are a number of conditions precedent for the TIA to be implemented

CATH currently own 0 % of Manono and are currently in the hole for an UNSECURED $10 million dollar loan to AVZ