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03/04/18
13:18
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Originally posted by Penny Pincher
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Meanwhile, I wonder what our friends from Beijing National Battery Technology Co., Ltd. think about AVZ being suspended TWICE at about the same time that they are potentially entering into serious commercial negotiations with AVZ.
Perhaps they do not care - or perhaps they do? Maybe they will be impressed by AVZ management's little sledging match with the ASX?
Will the fact that certain Twitter postings have led to TWO ASX suspensions make the potential Chinese partners think better or worse of the people they are negotiating with?
Is there any chance that Beijing National Battery Technology Co., Ltd. representatives might consider it a loss of face having their pictures associated with a series of photos that also depict what arguably might be considered to be confidential drilling samples?
Will this double suspension strengthen or weaken the negotiating position of Beijing National Battery Technology Co., Ltd.? Conversely will it weaken or strengthen AVZ's negotiation position?
Will it be a distraction for AVZ management - having to respond to the ASX - whilst in the midst of important negotiations? Or Would their time be better spent focusing on the commercial negotiations with Beijing National Battery Technology Co., Ltd.?
Just wondering...
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BNB and other MOU partners don't have the luxury of choice when it comes to low cost T1 lithium deposits. There has never been a better option and likely never will again.
I doubt a tweet from a consultant or what could be explained as (regardless of what has actually happened) a mistake in a response to a price query is going to change the demand for lithium these companies have, or their opinions of this resource.