@Revali Reason why I believe the mining license can and will be issued before 09.2024. Basic requirement for mining license 1. Majority interest clarified 2. Affordability ensured 3. 10% participation DRC
Szenario1: Jin Cheng is rejected by the ICC on May 23 AVZ closes the deal with CATH and exercises the right of first refusal to buy the 15% of Cominiere. Then it would be irrelevant how the court judgment of 09.2024 ends. All three criteria for the mining license are met.
AVZ 51%- 66% CATH 24% Jin Cheng 0% Dathomir 0% - 15% DRC 10% In Production
Szenario2: Jin Cheng goes wrong AVZ completes the deal with CATH, grants 9% shares in CATH and an option for a further 15% share after 09.2024 in the event of a successful court decision. All three criteria for the mining license are met.
AVZ 51% CATH 9%-24% Jin Cheng 15% Dathomir 0%-15% DRC 10% In Production
Szenario3: Jin Cheng 05.2023 and Dathomir 09.2024 go wrong AVZ currently has 75%, as already explained. No matter what Dathomir says. AVZ owns the shares!AVZ completes deal with CATH for 9% stake in 2023 with an option for a further 15% if they beat Dathomir.09.2024 AVZ loses the court case against Dathomir. All three criteria for the mining license are met.
AVZ 51% CATH 9% Jin Cheng 15% Dathomir 15% DRC 10% in Production!
In all three possible scenarios, the requirement for the mining license is met.
Combaste
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held
