I find its interesting that AVZ has recently requested to purchase 10% (5% + 5%) of its two JV partners stake in the Manono Tenements.
Could just be a conspiracy, but what if AVZ set this SPP up to assist the deal as it's pretty obvious the SP would tank and its JV partners could then buy its % back on the market through holding AVZ shares.
Potentially a back door deal was granted where Cominiere & Dathomir agreed they will give up 5% each, if AVZ created a situation where the market would dump into their hands for a cheap price.
The money Comineire & Dathomir will get for the 10% sale can be used in order to get a decent AVZ holdings, therefore not sacrificing much of its stake - but at the same time making AVZ a more attractive investment to fund.
This scheme could be advantageous for AVZ and its JV partners, because potential suitors may have been holding back due to the 60% interest in Manono. Once AVZ holds 70% they would likely have stronger negotiating power & better success.
AIMO
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