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78.0¢ avz minerals limited

Hi Cruiser, would it be possible to point me in the right...

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1greenhorn

153 Posts.

17

07/05/22

15:29

Post #: 61266319
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Originally posted by cruiser51 ↑

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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Hi Cruiser, would it be possible to point me in the right direction regarding the above information
I am losing track of important information due to the high volume of clowns that have suddenly appeared this week
Keep up the good work as I for one appreciate it

Cheers GH

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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