Satellite images from TA2, page-10

I agree and not trying to force my views on anyone. Always interested if someone thinks differently or if I've got something wrong.
What I'm interested in is discussion on the points they raise it's the dialectic that's the value.
However the discussion in Money of Mine gets a bit shambolic and obtuse especially when the beers are out. The bogan shtick is a bit of a gimmick and can be wearing because they are not cohesive or concise. I don't think there is any argument that they aren't educated or intelligent, rather than the show could be vastly improved. But it is what it is.

The points their guest raises are important, it's just hard to dig into it fully because it goes off into tangents. What is concerning is the likelihood of Andover being locked up and basically minority retail holders get shafted because the big holders are only after getting off-take for themselves and/or the mine doesn't get developed at all.
The latter seems unlikely but the former seems possible.

My point however obvious is everything depends on the size and % of the resource and governance issues. If a consortium is in charge what would that look like? It's possible that big energy names like Mobil or Exxon are in the background waiting for this resource to be proved up at AZS's expense to then pounce if not to buy the company outright to set up a consortium to operate it and develop and take their cut. If Andover truly is a behemoth then it's big enough to accommodate that.

Some simply will not sell under any circumstances. SQM. Gina. Ellison. So who will?
Creasy. Rovira. The Germans. Small retailers. Some Soph investors might take profit like Collins St.

Will we make money by holding on? I'm betting that we will because there has to be a buyout price for the shares on offer, but it's also tricky assessing the risks in such a shadowy situation. The SP is ticking down slightly but the momentum can shift rapidly. How would such buyouts occur when this is a listed company there are blockers and can't be compulsory takeover. I just don't know enough about Corporations law to know the answers but some smart minds are mulling over this, if the anecdotes about heavy weights being in Perth right now looking into it, are true.