AZS 0.00% $3.69 azure minerals limited

Banter and general comments, page-764

  1. 415 Posts.
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    SQM did not invest $20m in AZS blindfolded:

    The announcement of 11/1/23 states:
    "Completion of the second tranche of the Transaction is subject to the satisfaction of a number
    of conditions precedent including:

    SQM having notified Azure that it has completed and is satisfied with its due diligence
    investigations into Azure;
    "

    Does a company such as SQM have its own lab that can determine what it is investing in? I think so.
    The market may be waiting for results, SQM however could be presumed to already know the results?

    This part of the announcement states SQM's proposed involvement:
    “The new relationship will allow Azure to draw upon SQM’s technical expertise in pegmatite-hosted
    lithium exploration, project development, production and marketing, providing Azure with strong
    support as we look to develop the Andover lithium assets.
    "

    I am quietly confident in following the money, SQM's
 
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