AVZ avz minerals limited

Ann: Response to shareholder communications from Fat Tail, page-512

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    I'd be more worried by the players in the background like Gertler who MMGA have history with.... Gertler has been operating in the DRC for decades and knows all the tricks that one needs

    Dan Gertler - the man at the centre of DR Congo corruption allegations - BBC News

    Where it gets interesting is that the US have sanctions against him and his companies but last week there was talk about these being dropped

    US considers dropping sanctions against Israeli billionaire Dan Gertler, Wall Street Journal reports | Reuters
    Sanctions Are Reimposed on Israeli Billionaire Granted Relief Under Trump - The New York Times (nytimes.com)

    With his mining investments and philanthropy, Mr. Gertler is perhaps the most famous foreign investor in Congo, which he first visited in 1997, when he was 23 and selling rough diamonds. A few years after his arrival, he had negotiated the exclusive right to export the country’s diamonds.The U.S. government estimated that the lost revenues to Congo associated with Mr. Gertler’s deals from 2010 to 2012 were about $1.36 billion, or approximately half the nation’s entire health budget during that period.
 
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