This isn’t on mgmt, for example the whole Zijin deal with Cominiére is completely corrupt, go read the IGF’s report on the matter; the DRC govt itself admitted as much and thus had former heads of Cominiére arrested.
Between Simon Cong’s long time corrupt influence and Zijin’s more recent foray, AVZ BoD is facing an uphill battle, sure, but not one in which they’re intentionally deceiving investors or hiding critical facts (emphasis around the word FACTS, not unsubstantiated heresay or rumours).
Let’s not forget Adele Kayinda had Jin Cheng execs literally sitting next to her during one of her press conferences railing against Dathcom/AVZ when she was still Minister of Portfolio. Her removal from MoP was certainly good riddance but she’s only one of many corrupt obstacles.
Goes to show many in the govt aren’t even bothering to hide their brazen corruption/conflicts of interests. So if anything, true longholders of the stock should be firmly behind AVZ mgmt as they attempt to write the wrongs and deal with the detractors.
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