There's no firm certainty that the issuance of the ML is in any way dependent on the wrapup of the ICC arbitration, however. In fact AVZ management have intimated that its not, in their earlier arbitration announcements. Indeed, we never owned that 15% that Zijin has claimed, so whether they end up getting it or we do, we can still go ahead with the project.
Of course given the vague nature of AVZ management communication we don't know what precisely IS holding up the delivery of the ML (whether CAMI issue, Dathomir stuff, tenement careveup or what) so it could possibly be a factor. However reading what's been provided in ASX announcements it seems not.
Maybe we'll find out for sure at the roadshow. Won't hold my breath though. Don't think I'd invest with this management again after this - must say I prefer knowing what's going on with my investments.
