As mentioned.....
Dathomir case is sour grapes, the sale is completed.
Dathomir was supposed to re-establish Hydro Power station at a cost of ~US$45 million, they did nothing.
If Cominiere breached contract and sold 15% of Dathcom for US$33 millionth to Jin Cheng (Zijin or Chinese owned state company), behind AVZ's back, while AVZ had pre-emptive rights, sue them for breach of contract for US$20 million.
After that break contract with CATH, at a cost of breach of contract US$20million.
Renegotiate with CATH, that due to changed circumstances AVZ can only sell 9%, however the price is changed and price is now US$150 million, due to changed market conditions.
They still would love to have (and need) all the possible spot and PSL they can get their hands on.
That way for AVZ nothing has change other than new owner ship:
AVZ 66%
Jin Cheng (Zijin, alias Chinese state) 15%
CATH 9%
DRC 10%
Jin Cheng and CATH can sort there problems out between the 2 of them.
And Felix can clear up that corrupt entity Cominiere.
And AVZ finishes up with the sales proceeds of US$150 million for the sale of 9% and don't have to spend mega dollars to buy the 15% of Dathcom from Cominiere.
And everything is back to normal, there is now even a pure mining company on board.
If the Chinese wish to screw things around let them do it in their own backyard.
AVZ will have to look after its own interest.
CATH will probably not happy, but AVZ can point at Jin Cheng and say
'you highly likely were aware of these events, we had 24% to sell, you finished up with 9% and Zijin 15%.
Case closed
