AVZ avz minerals limited

Ann: Arbitration request, page-604

  1. 320 Posts.
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    Remember that our 15% acquisition is an option only, despite our preemptive rights.
    That means, Cominiere also has the option not to sell us when our offer cannot make them happy.
    Remember that our preemptive rights do NOT allow us to set the price simply in our favor. Cominiere can reject our offer.
    In this case, my question is: in a situation if Cominiere really wants to sell their equity and our offer is still not attractive relative to Zijin's after several rounds of bargaining, can our preemptive rights deny Cominiere's deal with Zijin forever in accordance with DRC laws?
    Shall we stick to such disputes here? Rather than move forward?
    If the price rockets to the moon, would you still want that 15%?

 
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