How is this possible if AVZ supposedly own 75%?
Has AVZ conceded the 5% and 10% they bought from Dathmir to now only hold 60%?
If CATL are happy with only 9% then how is AVZ going to fund mine development. CATL aren't going to pay USD240M for 9% so the shortfall plus any additional funds will need to be made up somewhere. Either debt or significant dilution.
Mining License for AVZ, page-46
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