Yep they have an agreement...it is called the Transaction...

Yep they have an agreement...it is called the Transaction Implementation Agreement and JV including $20 mil pre completion facility
The Transaction Implementation agreement ( TIA ) is subject to conditions precedent to complete the transaction !!! That bit is important and i hope you understand ie FINALIZATION OF THE TIA IS SUBJECT TO THE CONDITIONS PRECEDENT BEING SATISFIED
Below is the CPs as per the 8 Jan announcement. Also if you read the announcement it states that the first $10 million of the $20 mil facility from CATH is U N S E C U R E D !!!

Conditions precedent to the transaction completion
Completion is subject to satisfaction or waiver of certain conditions precedent, including:
- the Mining Licence being granted to Dathcom;
- the transfer of certain service entities to GLH;
- the CAPEX Funding Agreement is entered into by CATH and GLH;
- a shareholders agreement in respect of GLH is entered into between AVZ, CATH and GLH;
- a revised offtake agreement is entered into between Dathcom and CATH;
- all regulatory approvals and third-party consents required under all applicable laws (including
those of the Democratic Republic of Congo and the People's Republic of China) and contractual
arrangements having been obtained;
- no material adverse change hav

Oh and one more thing. I dont follow Deboss but i certainally havent seen him posting anywhere that AVZ is valued at 70 cps.