Australia's largest stock trading and investment forum Australia's #1 stock forum

AZS

Click for more information

0.00%

$3.69 azure minerals limited

Chris Ellison is obviously going to vote in favour of Gina. Did...

First 98 Last

Share
Profile

Follow
Investing2012

301 Posts.

37

11/01/24

17:57

Post #: 71837203
Share

Originally posted by gaucau: ↑

OK its a Scheme of arrangement.
I would prefer to call it a Sceaming arrangement.
If MIN does vote with SQM/Gina then we are pretty much cooked, however.
Maybe we can manage to DELAY signing/approval.
The longer it can be delayed, the more drill results will become available.
If the drill results continue to be "outstanding" then it may be our interests to get our Independent expert report.
There is also the possibility that one of the really big players join the game.
It just has to be big enough to get the attention of some of the Oil/Gas behemoths who we know are looking to cover their bases and diversify away from fossil fuels.
If I was Chris Ellison I would be holding onto my shares very tightly.
So while it may be very hard to stop the eventual sceam going through, the longer we can delay the better chance we have.
Management have previously indicated that Andover may end up being one of the top 3 Lithium deposits in the world.
If that does eventuate then I think it becomes a whole new ball game.

Expand

Chris Ellison is obviously going to vote in favour of Gina. Did it with Warrego, provides mining services to Gina. The premium he paid is pocket change for doing business in WA

AZS Price at posting: $3.67 Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

There are more pages in this discussion • 40 more messages in this thread...

First 98 Last

Add AZS (ASX) to my watchlist

SPONSORED BY