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78.0¢ avz minerals limited

You'll be bitterly disappointed to read of developments in...

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Xerof

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26/05/24

20:13

Post #: 74015615
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Originally posted by tolate: ↑

I'm of the under standing this happened...????
Well this matter was PARTLY mentioned in a company ANNOUNCEMENT...!!!
Just not in a MEDIA ARTICLE...!

In an almost comical move, Cong dumped the US$20m back into AVZ’s bank account. AVZ then sent it back again, but this time the money was lodged in a lawyer’s escrow account (pursuant to a court order obtained by AVZ) and Cong was told to go get it – which he didn’t.Cong then attempted to claim the new share certificate issued by the RCCM was a forgery and perhaps inexplicably, managed to convince a criminal court in the DRC of his claim.

Perhaps even more inexplicably, the court found in favour of Cong and Dathomir and sentenced Johnston and the clerk responsible for creating new share certificates to three years’ jail and one year in jail, respectively – although happily, the clerk had his jail term suspended.

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You'll be bitterly disappointed to read of developments in Tanganyika today then?

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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