KoBold Makes Offer for Congo Lithium as Country Courts US, page-2831

Did you finally get a reply from AVZ on BNB, @Beobachterund ?

Their silence to you is telling they want to remain silent and forget it. In fact at least one savvy investor was asking Klaus prior to Klaus dumping on same.

Irrespective of whether it was binding or not, AVZ chose to publish not as decorative wall paper, but as a marketing exercise to attract interest in its shares. Everything about the MOU was worded to emphasise its fitness as a partner to AVZ Manono and by March 21, they are intensifying market interest in the project and creating expectations that a transaction is being sought with stating implicitly the engagement is maturing by reference to discussions ongoing for months and noting the Chairman too is visiting. And by centring on cooperating on accelerating production and development we could hope for an update. Even Nigel was in AFF Ad. April 23 , 26 premining fin.

you are right to point out Due Diligence. On April 23, Ferguson is quoted with reference to Tinci and, BNB (in that order), that Ferguson hopes to have a decision by end of month. The share price started to slide below 20cps at that time and only in early 2021, did under 10 became a distant memory.

Truth be told BNB’s Guo Wei says BNB was interested in investing up until May 2018. And no longer considered after July 2018. That means what AVZ said in its ASX query response on October 17 2018, to be highly questionable. Do you recall AVZ referring to BNB and Tinci?

Also, while non binding MOUs are incomplete, they can still be market sensitive as BNB was. Just naming the counter party begins to make it such.

AVZ never updated on BNB, I guess they were hoping to replace with CAtL or similar after the scoping study. But as we know we got the Patterson Raise