AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-70634

  1. 6,939 Posts.
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    Highly likely not a hammer, more like an anvil.

    Felix will ask Chi what the hell he thinks he is doing.
    Felix is trying to weed corruption out, has an election coming up, where weeding out corruption is the main theme and here comes the PRC paying a couple of people off to do a shonky deal to rip the DRC off to the tune of in excess of US$116 million.

    Now that really shows smart thinking.

    One would think that China, being long term thinkers, is smarter than that.

    It will be interesting to watch this space, especially idiots who say AVZ was stolen of 15%, they never owned in the first place.

    If the Dathcom sale is not reversed and that depends on the DRC Government, all this means is that AVZ pays 56.1% of the development, not 72.6% and the rest has to be paid by CATH and a corrupt Chinese state company.

    Really great stuff for the rest of the Chinese companies operating in the DRC.
    One would have thought Chinese operations in the DRC plus the political impact is worth a little more than they think they gained.
 
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