Dead in the water?, page-100

Good info @Gmeister and you're supporting my view that a final takeover by SQM under the deal will have to be above $3.50:

See D22 Inclusion or omission of data...

try reading it from "and to data and information of such importance that the inclusion or omission of the data or information concerned might result...." etc.

So it means they cannot omit data or information that materially affects the MRE.

Which brings us back to the point I was making that it must be included.

The point about price of pegmatite sourced lithium is an excellent point.

Are they going on the Li price as recently being set by China, which is not pegmatite based and which is manipulating the Li price or not?
I would hope and expect not but it is tricky and the issues may be related. No SQM's China interests do not have a majority stake in SQM but they're interested in the off take. Like Gina. Like MinRes. So who will sell their interest if they don't want the off take? It comes down to Creasy again. The Germans have already committed to the deal.

I would think that they're trying to interpret the data to build on the MRE. But it does seem a deliberate ploy to not give much information to an interested 3rd party like a whale. But with 15% of shares only in play hard to say what the moves will be on market.

A third party whale will have to be talking to Creasy and they can't talk to Creasy or make offers if they don't have the information to do it. This seems to be the motive of withholding from the market it's favouring SQM. Once Creasy has committed to sale of the 40% to SQM it's no longer in play to the whales.
Now will he do that? Chinese wife? Is it relevant? We can't be sure but it seems to be. Creasy does not like to be told what to do.

SP creeping up again today. Nice moves but it's small volumes and pretty irrelevant to the bigger issues there.
It is my second rodeo with a company that sold out for chips it was AOH and the holding down of information was very similar. The circumstances are similar with the Cu being in a dip at the time.
Incredibly, the independent valuer decided the offer was not fair but it was reasonable and the sale proceeded on that basis!
In this case it's issues of national importance who gets the Li. So the regulator may intervene it depends on how their policy is formulated.

Will Gina/Ellison give a toss if they gets their off take anyway?
Will the off take get sold to China anyway? Is the preoccupation with ownership a mistake or are governments onto it with the critical minerals restrictions?
Are they all coming to a happy arrangement for off take, that keeps the 15% remaining shareholders and third parties (whales or otherwise) in the dark?
It seems so. But more to unfold.