Hi Mack,Timing looks right.It's all about the start point. You...

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Gmeister

1,360 Posts.

1971

19/01/24

09:40

Post #: 71957277
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Originally posted by Macklemore: ↑

@Gmeister

Enclosed is an indictive timeline of the Minter Ellison Scheme of arrangement

Since SQM have had a first pass in the 26/10/2023 I used two touch points .

The JV will require a little more co-ordination but they willhave done an Independent Experts report with the SOA from SQM's proposal .

I believe we must be close to the deposition of the JV Papers with ASIC . We are at day 58 if 19th of December is the drop day .

Question : do the dates stack up with you MrG given that Minter Ellison state " a) It is important to factor into the timetable for a scheme that the Courts are generally closed from mid December until early February, which may materially delay the first or second court hearings." First court hearing around 6/2 might be too early for the Supreme Court .b) 14 days minimum between Booklet with ASIC and First supreme court hearing c) 28 days minimum between despatch of scheme booklet to Shareholders and Scheme Meeting

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Hi Mack,

Timing looks right.

It's all about the start point. You have the booklet lodged today 19 Jan. Given the holidays and the massive number of TA3 results just last Monday, and assuming the Expert didn't get them before the market, that looks ambitious.

Last time AZS announced when they lodged. Is that a legal requirement in the process? I would be astounded if they didn't this time, to keep us guessing?

So that will be the confirmed start date-ish. ASIC will take at least 14 days - I want to fire some issues in for them to consider, even though we won't have seen the draft. Cheers.

GLTAH!

AZS Price at posting: $3.67 Sentiment: Buy Disclosure: Held
6 Upvote

2 Great analysis

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