Yes most of us long term holders have known this for ages....

First 266 Last

Share
Profile

Follow
stakx

2,521 Posts.

2102

25/05/18

22:44

Post #: 33316803
Share

Originally posted by ConcerndCitizen ↑

I feel uneasy reposting this because it was modded at the original poster's request, but you can still see the full post here if you expand the quote box. Obviously mineralised had his reasons for modding it, but all the sources are legitimate. Dated 03/02/17:

"The interests of the parties in the Project at completion will be AVZ 60%, Cominiere 30% and Dathomir 10%. Cominiere will also be entitled to a 1% royalty interest. AVZ will be responsible for funding expenditure to completion of a feasibility study."

"Separate to this agreement, Dathomir and Cominiere have agreed that Dathomir will facilitate the rehabilitation of the road from Lubumbashi to Manono and the Mpiana Mwanga hydroelectric power station."

Who is Dathomir?

Dathomir SARL is controlled by a Min Guo Wei. Source: this contract for registering a local JV cohttp://guichetunique.cd/IMG/pdf/jo.00878.16.pdf

Min Guo Wei is the deputy general manager of China First Railway Corporation. Source: China Railway First Group Website
http://en.crfeb.com.cn/en/_246/605874/index.html
http://en.crfeb.com.cn/en/_246/605635/index.html

Trivia: The person referred to in the 2nd link as representing China-Congo chamber of commerce, is a T5 shareholder of Amani Gold

China First Railway Corporation is a subsidiary of the $100B chinese rail, road and construction mega SOE, China Railway Group.

Source: https://en.wikipedia.org/wiki/China_Railway_Group_Limited

China Railway Group are very active in developing infrastructure as part of agreements to receive equity in mines in the DRC

"Sicomines S.A. is a joint venture between Congolese mining company Gecamines SA, China‘s Sinohydro and the China Railway Group Limited, agreed upon in 2008 as part of a minerals-for-infrastructure deal, which will result in $3 billion for infrastructure plus an additional $3 billion to develop Sicomines, with all the loans to be repaid with mining profits. The Export-Import Bank of China has already disbursed $826 million in infrastructure projects."

DRC APPLAUDS OFFICIAL OPENING OF SICOMINES COPPER MINE

https://ambardcusa.org/drc-applauds-official-opening-of-sicomines-copper-mine/

I think I'll have a cup of tea now.

Expand

Yes most of us long term holders have known this for ages. Cominiere being DRC controlling stake will want this to go as high as possible. A cheap T/O is not in their best interests or any other holders. Just waiting for some further drill and assay results which will lead into a tremendous Maiden JORC for Roche Dure alone with Carriere de Lest to blow the competition away! Not long to go now before some tremendous news and results head our way!

AVZ Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

Reply

Top Stories

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

3 stocks with antimony news on Thursday

BRX

Belararox to grow copper footprint in Botswana with 4,286 square km tenure

NEC

Nine Entertainment announces its CEO is stepping down – on an ex-divvy day

ASX Market Open: Local bourse to trade green | Thursday September 12

MTM

Forget gallium: MTM says it's extracted gold from e-waste

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

CU6

Clarity progresses SECuRE trial with positive safety results

SS1

Sun Silver confirms high-grade extension theory at Maverick Springs with 79.6 g/t intercept