AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-70620

  1. 6,911 Posts.
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    You are not a very clever guy...
    You cannot lose something you do not own, AVZ did not lose 15%, because they did not own that 15%.
    Cominiere, which is 90% owned by the DRC government owned that 15%.

    So who actually lost out big time at this stage is the DRC Government, as 15% of Manono thought to be worth US$150 million dollars, was sold without knowledge of the DRC government, minus one corrupt minister to a Chinese State Company for US$33.4 million.

    If you believe the DRC Government will allow this to continue, I believe you better think twice.

    Even for the Chinese there is much more at play than a shonky US$116 million dollars.

    At the end of the day there is nothing to stop the DRC to tell the Chinese state companies to take a hike for inciting corruption in the DRC.

    Ever thought about that?
    Or did that simply escape you?
 
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