RE Point 3,
Do you honestly think AVZ has to honour the pre-emptive rites when Cominiere didn't? The precedent is set and AVZ can sell what they want to who they want IMO. Although im dubious re any Chinese company having any ownership, CATH at least seem to be operating above board so far.
The DRC mining minister has hinted at their position re the sale of %15 to Zijin and I am optimistic that arbitration will go in AVZ's favour. IMO I suspect that Cominiere will be forced to refund any payments made to Zijin with an agreed penalty fee so Zijin is out and saves some face. Any short fall can be payed in cash by AVZ. The total short fall should be translated into a proportionate % ownership of the project added to AVZs holding which would be subtracted from Cominiere. Then the deal goes through as previously planned.
I think this is best case scenario and IMO.
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