THe public pronouncement that Mark Wilson CFO MIN (13.6%) did today is as legally binding as 19/12/23 Undertakings. To refresh our memeories Mark Creasy (12.8%) , AZS Board ( 2%) and Delphi (10.8%) voting for the SOA. So that means before we sit down at the SOA meeting 39.3% have publically declared to vote yes 37.7%.cant vote ( SQM + HP) .. that means that 62.5% are favourable with the $3.70 SOA.
The odds of the SOA at 75% being past are very strong.
If the Independent experts report lodged 5/12/23 for the SQM SOA was likely to be declared fair and reasonable for AZS shareholders around a November 23 price of $1100 / tonne 6% Lio2 equivalent with long term outlook of $1900 /tonne 6% from 2027 . What type of Assumptions would the Current independent expert use for Jan 24 .
My guess is for current Spod $800-900/tonne and long term from $1700/tonnes
Only thing now for SQM and HP to try is to delay the timng of the meetings and court appearences but there is a MRE around 240 MT at 1.22% lithium oxide to be declared