AVZ avz minerals limited

KoBold Makes Offer for Congo Lithium as Country Courts US, page-1853

  1. 1,558 Posts.
    lightbulb Created with Sketch. 191
    No, no Chinese article.
    Does your "0% stake" claim reflect the practical reality of the stalled project rather than a literal nullification of CATH’s investment.
    The $240 million payment from CATH was reported as secured, with a $20 million break fee held in escrow as of October 2021, and the deal closed in March 2022. However, the revocation of the mining license and ongoing legal battles mean no party—including AVZ, CATH, or Cominiere—can fully exercise their ownership rights until the disputes are resolved.
    Does this explain why you're calling CATH’s stake "0%," as it’s effectively on hold?
    Anyway, I was just responding to@wadsworth 's comment that 'CATL aren't miners', but they kind of are....
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.