Thanks Fredsi, I've been weathering this kind of stuff all year...

Thanks Fredsi, I've been weathering this kind of stuff all year and what I learnt is, ditzy or half baked socio-political analysis won't help you settle your risk appetite level, you just have to. keep trawling because there are other sides to the complaints from SOME Western miners.

skimming through your cut and paste:

Not always high return you say, but AVZ has been just that a high return, and also with high risk like any mineral explorer.

DRC is perceived by western eyes as higher risk but maybe not for Chinese, do Chinese have similar stories to that British company complaining at the UK parliament back 6 years ago?

In fact yes, MMCS were upset about losing their license at Manono in favour of AVZ, so much so they published bullshit in the media here. It got them no where because end of day, they didn't do what was contracted, they just did some artisanal mining and acted as a go-between and their lease was up--no fruits to show--ta ta. AVZ are doing the job asked of them.

So whats the other side to the FMQ story? Because what you've posted was written by a legal team, masters of their craft at persuasion, but whats the other side of the argument? Maybe FMQ are not clean in some respect? There's always another side--what what feels miss is customary/kinship law, basically genuine rapport building--I can se they claim they were angels but really? A Canadian gold miner this year fell out with locals in North DRC because they didn't have the right policy of engagement. Mineralised pointed out that.

As for corruption, well we saw recently how the international bully though Nikki Haley at the UN treats democratic values, is that not corrupt? DRC elements lobby Washington, obviously they feel the influence. What I mean is countries like DRC cant simply stop and turn on an egalitarian democracy, they face long term macro-micro governance issues. Congo region has been particularly mangled, starting with the Belgians, it goes on....Another example is Bangladesh, mangled by Pakistan and kept hobbled by India. But China has other ideas for both. We have the LNP climate denying and following Haley, unlike the British not denying and not voting with US/Haley, does sorting stink in Australia. Perhaps the Chinese sense risk is high here too, maybe higher the way the papers are ranting about Chinese influence.


The AVZ management I understand have excellent rapport with DRC gov based on reputation, thats why they landed the opportunity, over others, including South Africans. They trust Klaus, Nigel and Patrick to execute the re-commercialisation of M-K tenements.