1) The DRC government under Felix has been reviewing the previous government's tenement dealings as potentially corrupt. AVZ acquired 60% of the project under the previous government, are you sure that the initial acquisition in 2017 isn't subject to review by Felix. Nothing would improve Felix's re-election chance more than resources nationalisation, Tanzanian-style; 2) Tenement 13359 held by Dathcom expired on 27/12/2021 and the cadastre shows no renewal data. Maybe this is because AVZ's been dragging its feet in meeting CPs for the deal with Cath before it can be awarded an ML, or maybe there's dispute at a higher Dathcom level due to point (1); 3) The ZingPing guys seem really adamant they own part of Dathcom. They're a significant global mining company worth about US$40 billion with a lot of Africa operational experience so it seems odd they try to wing it. Cath will show much more loyalty to ZingPing than it will to AVZ; 4) The relatively high Chinese ownership on AVZ's register is downright scary considering the attempts by the Chinese to take control of Dathcom. Its like a 2 pronged attacks - one operational level, the other at corporate.
Anyway, Friday will tell the tale before the market opens and all this "down ramping" will be pure hypotheticals.... Nigel will bounce in with great news, the market will rejoice, buyers will swarm, you can pop your corks, the crowds will cheer, and songs will be written.
Or the announcement will simply say "Suspension Extended". I'm just looking at a presentation from 2017 that says "ML awarded Q1,2019; Operations commencing 2019/2020", so schedule delays seems to be something Nigel's really good at.
