Ann: Exceptional Lithium Drill Intersections from Andover, page-476

First 476 Last

Share
Profile

Follow
MrLong2019

1,419 Posts.

131

25/06/23

23:08

Post #: 68461888
Share
Originally posted by kevin103: ↑

"there are many ways in which shareholdings can vary:
- CR’s pre & post decision to mine!
- Re-negotiating terms based on assets, projects, shares or cash.
- Offers by third parties etc.
- Government regulation etc."

Really? You think Creasy Group will give up their 48% Andover project interest for what you stated above?
The pump crew here are just amazing if you think that.

Ok i am done here, the things I read here is just bonkers - the ownership structure does not interest me because of the following...

So lets work out what retails really own of Andover...its a minority ownership.
First up Creasy Group takes 40% of all lithium at Andover leaving AZS as a company holding just 60%.
Secondly Creasy Group owns 13% of AZS so that means Creasy owns another 8% of the 60% taking Creasy Group effective ownership of all Andover Lithium to 48%
Thirdly, SQM already owns 20% of AZS so effectively SQM owns 12% of the Andover Lithium
Lastly Delphi owns 12% of AZS so effectively its 7.3% of Andover Lithium

Combined this is what the lithium ownership structure currently sits:
Creasy Group owns 48% of Andover Lithium
SQM owns 12% of Andover Lithium
Delphi owns 7% of Andover Lithium
Rest of retails and management owns less than 33% of Andover Lithium

Expand

I’ve never heard someone go to such efforts to help investors!

Is anyone else thinking Australian of the Year nominee?
AZS Price at posting: $1.35 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

IMA

Issues emerging as Australian companies tackle critical minerals challenge

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 140 more messages in this thread...

First 476 Last

Add AZS (ASX) to my watchlist

Ann: Exceptional Lithium Drill Intersections from Andover, page-476

Top Stories

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Cauldron Energy reports "excellent" uranium assays in latest drill run

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Issues emerging as Australian companies tackle critical minerals challenge

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News