AZS 0.00% $3.69 azure minerals limited

News: AZS Mineral Resources to sell stake in lithium developer Azure, page-42

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    If the AZS Scheme Booklet is lodged by Wednesday 7/2/24 that will be day 79 from November 21st 2023.
    The SQM only SOA was only 38 days between announcement (26/10) and lodgement (5/12)
    the JV is now up around 48 days today. So there is an element of heal dragging on the deal emerging.
    The possibility of dragging this out to before the MRE becomes due in Qtr 2 is possible. I.e 1 to 2 month delay. to May or June 2024.

    the possibility of Min breaching 15% provision to break deal is zero after public announcement that MIN would sell into the JV at the SOA price of $3.70.



 
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