AVZ avz minerals limited

Ann: AGM Results - Vote of Confidence for AVZ Board, page-147

  1. 1,156 Posts.
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    little bit of informative information, none of the proceeds from the Zijin payments to Cominiere and other officials made it to
    the government treasury.
    So when the ICC Awards in AVZ favour, the government will not have to refund any cash back to Zijin.
    I instead Zijin will have to walk away or try
    to recover the money from the corrupt officials.
    This is an awesome position for AVZ, as directed by the ICC to negotiate a MOU with AVZ. Because there is no financial penalty to repay the proceeds they are in a better situation for the Congolese overall.
    This is bloody awesome for us, actually the gov will pck up 150,000,000.00 USD.
 
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