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PASBOZ

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31/05/22

19:04

Post #: 61736227
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Originally posted by Robert310786 ↑

When it decided in 2017-2018 to acquire 15 per cent of Dathomir, to increase its share in Dathcom from 60 to 75 per cent, it guaranteed itself the majority of the Manono project.

However, when a court decided to cancel this transaction, which is one of the key points in the conflict with Zijin, AVZ was once again left with 60 per cent. But it does not consider the transaction cancelled.
“So, if the acquisition of the 15 per cent from Dathomir is cancelled and the acquisition of the 15 per cent by Zijin is confirmed, AVZ will have been tricked by Dathomir,” Neema said.

Dathomir, which can determine who becomes the majority on the project, has remained silent on the dispute.

But Neema also said there was also no guarantee that Zijin would be part of the project, since the DRC’s Inspectorate General of Finance found its acquisition of the 15 per cent stake from Cominiere fraudulent and illegal.

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Of course Dothomir have remained silent .
They sold when lithium prices were low, no major off takes signed , government transition and uncertainty who will be new leader.
Aspect of AVZ minerals will never export as it was grid locked and poor roads.
Sold in 2 tranches so was certainly not pressured.
I would love to buy back an inner city property I sold 20 plus years ago but unfortunately I lost legal title when I accepted payment.
Dothomir will have no say and Neema will be proven wrong .
Look back at the share price when all this occurred well under 15c.
ALL IMO

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
79 Upvote

8 Great analysis

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