I'm the goose....????So Zijin know what the project it worth...

I'm the goose....????

So Zijin know what the project it worth (apparently USD850M for 15%) but AVZ and Nigel think its worth a lot less and therefore agreed to sell 30.5% for USD259.25M?? Is that what your saying?? Now that sounds a bit stupid to me.

And as far as development costs go, CATL aren't paying it for free. They are agreeing to cover the costs which will need to be paid back as per the AVZ announcement on the 8th of Jan 2025.

"In addition to the cash consideration, subject to certain conditions, CATH may contribute all project
development costs to the Phase I Manono Project joint venture pursuant to a capital expenditure
funding agreement to be agreed between CATH and GLH. Under the capital expenditure funding
agreement, and should AVZ not wish to contribute its share, AVZ’s pro-rata share of project
development costs may be accounted as a loan from CATH to GLH attracting interest at a rate standard
for facilities of this nature and not greater than that applied to the CATH facility unless the actual
funding costs at the time are higher. The loan from CATH to GLH will be repayable from profits from
the Manono Project"

No need to get angry but I hope this helps to clear up your confusion.