You say First Quantum wasn’t paid, that’s false. The $1.25 billion was a settlement negotiated between ENRC, the company that took over the mine, and First Quantum, not a judgment against the DRC. The deal was finalized in March 2012, and the payment was made in full. As a result of this settlement, First Quantum dropped its arbitration case against the DRC.
AVZ Price at posting:
78.0¢ Sentiment: Sell Disclosure: Held
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