Ann: AVZ to Increase Equity Stake in the Manono Project, page-162

AVZ would need 75% ownership if they intend to deliver 20% to off take and financing partner .
Especially if you look at elphamale post.
Part 3. 20% equity interest.
Game over , production secured , China Inc has long term supply from Manono if part 3 occurs.
elphamale

1,072 Posts.
1,324
Date:
25/06/19
Time:
08:54:21
Post #:
39218080

Leaving AVZ 55% ownership of the project and still maintain control but enough funds to commence 2MTPA project and eventual rehab of hydro plant.
ALL IMO