Manono was originally 100 per cent-owned by Cominiere, a DRC Government-owned instrumentality set up to give the government exposure to mining. Some years ago, Cominiere struck a deal with fast-talking Chinese man Cong Mao Huai, known in the Congo as Simon Cong. Cong, who has been in the DRC for years, has a colourful and controversial history and has his finger in a lot of pies.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
