KoBold Makes Offer for Congo Lithium as Country Courts US, page-954

There are several factors that will be considered while determining the offer price, but the most important (IMHO) would be Nigel's own substantial holding of 50mn shares. That will play an important part in negotiations from AVZ side. Had he not had so much skin in the game, he wouldn't fight this hard for so long. And fair enough, dude's aged 20 years with this farcical episode. Other factors:

Downsides:

• Current Lithium prices
• Complex legal battle with DRC

Upsides:

• Long Term potential
• All due diligence and geological work done. Basically, come in and dig.
• Tin and other rare mineral potential
• The China.- US competition
• (Often understated): The depth at which high-grade Li exists, substantially reducing cost of operation

My guess (and yes, it's a guess): AUD 1.17 (offering a 50% TO premium on the last stock price).