Voting opinion poll March 2024, page-98

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Investing2012

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11/01/24

17:57

Post #: 71837203
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Originally posted by gaucau: ↑

OK its a Scheme of arrangement.
I would prefer to call it a Sceaming arrangement.
If MIN does vote with SQM/Gina then we are pretty much cooked, however.
Maybe we can manage to DELAY signing/approval.
The longer it can be delayed, the more drill results will become available.
If the drill results continue to be "outstanding" then it may be our interests to get our Independent expert report.
There is also the possibility that one of the really big players join the game.
It just has to be big enough to get the attention of some of the Oil/Gas behemoths who we know are looking to cover their bases and diversify away from fossil fuels.
If I was Chris Ellison I would be holding onto my shares very tightly.
So while it may be very hard to stop the eventual sceam going through, the longer we can delay the better chance we have.
Management have previously indicated that Andover may end up being one of the top 3 Lithium deposits in the world.
If that does eventuate then I think it becomes a whole new ball game.

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Chris Ellison is obviously going to vote in favour of Gina. Did it with Warrego, provides mining services to Gina. The premium he paid is pocket change for doing business in WA

AZS Price at posting: $3.67 Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

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Voting opinion poll March 2024, page-98

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