I respect we all have views, these are mine...I believe Zijin...

I respect we all have views, these are mine...

I believe Zijin have handed over absolute ashtray change to them, and even got it secured for an "option" to invest more when they have almost complete certainty. Not a bad deal for them i would say.

I also believe they have likely done this not because they had a high degree of certainty it would happen, but moreso in an attempt to pressure/persuade the DMR to grant the ML. What better way to try and influence the DMR's decision and show how intent you are to get things rolling than to stump up a little bit of cash, offer more to come and put one of your own directors on the board. Surely it's got to work right?

Tell me what does Zijin lose if the ML doesn't get granted and Tranche 2 doesn't happen?

Don't underestimate the Anglo-ARM situation, they're certainly not running scared of the DMR.

If i'm proven wrong so be it, but those are my views.