Guy Loando was Dathomir Mining Resources representative on the board - okay I get and accept board involvement being incompatible with his position as an elected rep in DRC ... but what does it mean I wonder that Dathomir Mining Resources didn't want someone else on the board in his stead?
Is Dathomir Mining Resources (Simon Cong) backing out or repositioning itself perhaps?
We (AVZ and Dathcom) still want Dathomir Mining Resources to facilitate roads and hydro. And so far as I am aware we are still exposed contractually in that we rely on good faith not a contract for them to do that.
Still a bit wary that Simon Cong might flip support to being behind Huayou in a takeover.
Dathomir Mining Resources received 6 million shares for introducing Huayou to AVZ as a sort of finders or introductory fee. Not comfortable with Simon Cong's fuzzy role in this. Bit worried he could do a Klaus on AVZ shareholders.
AVZ Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held