From the annual report:
AVZ now owns 75% of the joint venture company, Dathcom Mining SA, following completion of both Agreements.* The remaining 25% of Dathcom Mining is owned by La Congolaise d’Exploitation Minière SA (Cominiere), of the DRC Government over which AVZhasapreemptiverighttopurchasefurtherprojectequity.
Does anyone know:
- How much of that 25% AVZ has the right to acquire?, and
- Is the purchase by negotiation, or at some set $figure / formula?
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From the annual report:AVZ now owns 75% of the joint venture...
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