AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-50532

  1. 6,939 Posts.
    lightbulb Created with Sketch. 1958
    Agree,

    Also Nigel & Co would not be smart to oversell at this very moment, while negotiating tax concessions.

    So he is smart to play everything above board, as things stand at this moment.

    He does not want to finish up in a couple of years like China Molybdenum.
    The story below from yesterday really is a good indication that the DRC Government does not trust China Molyb.
    It is easy to lose trust, but very hard to earn it back.


    The Democratic Republic of Congo has reportedly formed a commission to re-evaluate the reserves and resources at the Tenke Fungurume copper and cobalt mine.
    The new commission would validate the compliance of China Molybdenum with its contractual obligations regarding the project.
    China Molybdenum owns a majority stake in the Tenke Fungurume mine, which is said to be one of the highest-grade copper and cobalt mines in the world.


    AIMO.
 
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