Nigel Ferguson and his AVZ team remains in the DRC and continues with their efforts to progress the
negotiation of the MOU with the State. Execution of the MOU by AVZ and the State will provide a
pathway for resolution of the ICSID proceedings without further escalation.
The DRC has not yet complied with the Interim Orders. In its comments, the DRC presented new
arguments directed to achieving a cancellation of the Interim Orders (rather than provide comments on
their implementation).
Cong then attempted to claim the new share certificate issued by the RCCM was a forgery and perhaps inexplicably, managed to convince a criminal court in the DRC of his claim. Perhaps even more inexplicably, the court found in favour of Cong and Dathomir and sentenced Johnston and the clerk responsible for creating new share certificates to three years’ jail and one year in jail, respectively – although happily, the clerk had his jail term suspended.
10 DAYS have gone PASS..!!!!!!...
The Company is pleased to report Locke has now completed its due
diligence and is working with AVZ to agree the terms of a formal agreement.
- Forums
- ASX - By Stock
- AVZ
- Is THIS GAME OVER for AVZ
Is THIS GAME OVER for AVZ, page-12
-
- There are more pages in this discussion • 134 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)