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19/12/21
16:10
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Originally posted by titan64
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Roon
A review of Mining Licences under the old Kabila days is understandable as there was obvious corruption , that complex web could take time to resolve.
So Felix has ordered a new era of transparency and due diligence,
Felix wants this Battery infrastructure set up ASAP this is well and good , but actions speak louder than words,
Nigel stated they were looking to expedite the process, now if we get ML in Mid January it was not expedited .
General consensus is with plenty of due diligence 6 months is the norm .
We are well past that now and will be entering into Fiji time from here on in.
Im sure Nigel and Management want to vent , and are not because they have been assured its a done deal.
So its all very well being a done deal ,but everyone just wants the bloody band aid ripped off. It is what it is .
As a LTH with plenty in the game , i am very very bullish AVZ .
Management have tripped over a few times , but make no mistake they have excelled with their objectives.
They have a vision and it is definitely FMG like,that may
have been hyperbole a year ago but not now .
We have a huge amount of new holders congrats , they see a juggernaut .
ML will open the flood gates and if people are not positioned ,or get to cute they will be washed away .
LTH are relaxed we positioned in AVZ (FMG) early, but we will stay as the story is just starting to unfold.
Ps
ML close , but should have been sorted earlier .
Maybe a Sloth talking up Cheetah speed .
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A review of Mining Licences under the old Kabila days is understandable as there was obvious corruption , that complex web could take time to resolve.
Fyi, Worth a read fwiw imo, as
Anti-graft chief says $530m in mining payments missing
The Democratic Republic of Congo’s central bank has failed to account for $530 million that state mining company Gecamines says it paid to the government mostly during former President Joseph Kabila’s final term in office, the nation’s top anti-corruption official said.
www.mining.com/web/congo-anti-corruption-chief-says-530-million-in-mining-payments-missing/