The key thing is what will Mark Creasy do with the remaining 40% of Andover. Nothing can go ahead unless he is part of it with his 40%.
He can sit the dance out and wait for his moment, no pressure on him. Creasy doesn't have to answer for what he does with his 40% ownership of the tenement. It's his privately owned thing and the tenement was his baby to begin with; he did a partial sale to AZS.
IF while Gina and SQM (for different reasons) cannot buy shares, and someone as you suggest Ellison or some other player) buys shares then that buyer can become a major player by default. Gina cannot encourage them or be part of some kind of arrangement it will have to happen spontaneously.
But where there is a convergence of interests conspiracies are redundant, you don't need to arrange. It just happens. And Li is white hot right now, but I believe the AZS SP has been suppressed while this accumulation went on. the rumours have been downright silly, for instance pretending that the Li outlook is poor, when the outlook for pegmatite based Li so evidently is not.
Now that most weak retail holders have left, Where are the sellers going to come from? From the remaining non major shareholders who have not pledged allegiance* to the SQM offer, surely they will take up the price a few notches?
As others in here keep observing, the sellers are drying up. If we get a hot and heavy series of drill results a bidding war could arise for what remains, to mount a better offer to get a controlling interest and that will knock off the timing of this for SQM and ratchet up the pressure.
*Creasy has but that doesn't cover his legal interest in the 40% of the tenement.
Meanwhile the drill news flow starts will start to lift the SP soon. <Slightly obsessed with the situation...>
It's very interesting indeed. Thanks to everyone who contributes meaningfully to this AZS forum on HC.
AZS Price at posting:
$3.50 Sentiment: Buy Disclosure: Held