AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-63059

  1. 78 Posts.
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    Just wondering how many have seen this article?
    https://ouragan.cd/2022/01/les-raisons-de-la-cession-des-actions-de-la-cominiere/

    A few key items:
    - AVZ is not going to get the additional 15% from DRC, it has been sold to Zijin Minerals
    - the feasibility study sent to COMINIERE contains an assertion which renders it inadmissible. In this study, AVZ claims to have recovered the hydroelectric power station of Mpiana Mwanga, whereas it is a heritage of the Congolese State via COMINIERE. AVZ has signed a memorandum of understanding with the Ministry of Energy for the rehabilitation of the said plant by skipping the owner COMINIERE. Such cheating exposes AVZ to legal action.
    - La COMINIERE recently learned with amazement that AVZ International PTY Ltd has entered into a transaction implementation agreement (TIA) with the Chinese company SUZHOU CATH ENERGY TECHNOLOGIES. COMINIERE will soon take legal action against this illicit session.
 
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