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78.0¢ avz minerals limited

Game is up for Cominiere and Zijin, page-40

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Brendo726

181 Posts.

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13/05/24

13:34

Post #: 73796991
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Originally posted by zenoah: ↑

Considering that COMINIERE SA subsequentlyhad to sell 15% of its shares in DATHCOM MINING SAS to JIN CHENG, which AVZ INTERNATIONAL had refused to recognise as a shareholder in the joint venture;
Cominiere HAD to sell
Seem an odd wording
What would the reason be
What pressure had been applied and to who by whom

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Originally posted by willi5: ↑

I think that's probably known. I'm not sure it's the figure that matters anymore. as once an agreement is figured out likely those fines would be waived anyway which would work 2 ways. Fines waived and also funds from the World Bank would start to be re-issued. Essentially these fines/court rullings are our leverage.

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I think what Avz need to do is go hard at zinjin. They owe Avz a mill in legals that they are appealing. If they don’t pay straight up, apply to have mine seized in Aus to recoup losses. Although albo prob isn’t keen to rock the boat of his masters lol

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
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