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16/05/22

13:07

Post #: 61431488
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Originally posted by Jayman101: ↑

Does anyone have any information of the below extract from the below linked news article?

’Further, Zijin argues DROC’s Commercial Court of Lubumbashi rejected AVZ requests to block the transfer in November 2021, and ‘chaired a shareholders’ meeting, which approved the transfer of the 15% interest.’ Accordingly, Jin Cheng is a ‘legitimate shareholder,’ and ‘relevant changes were also made in the Trade and Personal Property Credit Register’ in DROC.In addition, Zijin supports Dathomir’s claim, arguing the sale was previously terminated under a DROC court, due to ‘significant defects in the original transaction process.’

https://www.ig.com/au/news-and-trade-ideas/avz-minerals-shares--a-simplified-precis-of-the-current-problems-220515

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just maybe.....

https://www.cdacollaborative.org/blog/systemic-analysis-corruption-criminal-justice-system-lubumbashi-drc/

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

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