AVZ have updated the market which is the right thing to do, it shows the huge uphill battle they now have, but Jesus Christ there is a lot to unpack here. This is the biggest uphill battle for a company on the ASX I have ever seen. The lawyers will be the big winners here.
ICC proceedings by Jin Cheng - Hopefully holders get an update shortly. This is a preliminary question which begs the question what more is to come?
ICC proceedings against Cominiere - 3 member tribunal to hear this but no date given
ICC proceedings by Cominiere and Jin Cheng - Panel of arbitrtors but no time frame
Dathomir dispute - Two separate cases given the sale nature of both and governing laws. Dathomir trying to have Dathcom wound up
ICSID proceedings - Gov't talks have failed and have been restarted but are being stifled
Talk about bad actors within the DRC and corruption from top to bottom
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Not Held
