Move on mates
Once again you are posting the porky pines and the rubbish lies
AZS owns 60% of Andovers. Mark Creasy owns 40% of Andovers. It is a JV. [The same as SQM JV with Wesfarmers for MT Hollands]
Now you are talking about the Top 20 shareholders?
Yes mates SQM is our number one shareholders with 20%
Mark creasy is also up there with 13%
Tony rovira the directo has skin in the games
The top 20 own abouts 60% of the registrie
If they sell the projects to any parties such as SQM or ALB in the futures AZS will be getting 60% of the sum. Do you understand that mates?
If the deposit starting to show +100mt potentials it can re rates like PMT before a JORC MRE. 60% of 2 billion market caps is 1.2 billion. That is 700% increase from today. Do you understand the potentials now? The first 4 holes are very encouraging with already 50meter intercepts. There are 6 driller rigs coming pending imminent land approvals.
AZS is 60/40 with billionaire Mark Creasy
Now they arefully funded the 40,000m drilling and 6 driller rigs aggressive campaigns starting ups [Diamond and RC drillers]
The SQM deal has given tremendous shareholder values. First ups the share price. Second ups the attention and expertise. Third ups the geos and technical assistance to the AZS team to make the most of this opportunity. They are the biggest global lithium producer on the planet mates and they chose AZS.
You keep saying our ownerships will decrease but you are just telling porky pines mates. It was a credit raise to SQM at a premium price tags that is exactly what happened. They did not sell down any ownerships. This was before any drilling occured. Now that the drilling is showing positive signs the share prices is trending ups and it will continue this upwards trajectory so long as the data coming out of the ground continues to be positive. It is that simples mates.
I will be more than happy for SQM to buy us out when the results starts to show it looking like SQMs Mt Hollands deposits which is a JV with Wesfarmers worth billions.
