AZS 0.00% $3.69 azure minerals limited

Ann: Binding Transaction Implementation Deed with SQM, page-397

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  1. 1,437 Posts.
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    Reply to @calmbeforestorm

    Your "analysis" is so wrong in many respects.

    Importantly, for those holding disregard his comment:

    "Once she achieves 19% then SQM’s scheme of arrangement is dead and it is my understanding that SQM are legally bound to stand in the market ..."

    Absolute BS.

    Clause 3.6(e) SQM shall have the right but not the obligation to terminate re 19%

    Clause 3.4(b) SQM in its absolute discretion has the right to waive the 19% condition

    So Gina may hit 19% today but the Scheme remains on foot until SQM choose to terminate. There are good reasons why they mightn't.

    Stop with the misinformation clown.

    GLTAH!

    Last edited by Gmeister: 27/10/23
 
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