Ultimately, Manono is huge, but DRC ain't gonna be transformed from this project alone. Letting Zijin and partners steal project is BAD for development of DRC. But equally, for DRC to themselves try and now steal back more of the project would be bad for business confidence in DRC. Maybe they get more? Maybe it stalls the project more? But it sure as hell would be another kick in the nuts to anyone else looking for a positive business relationship with the DRC.
Our offer to DRC - throwing in equity in AVZ - is generous enough that I don't think they're going to try and screw more out of us.
All the communications now is about driving home the point that what's holding the project up now isn't just a little administrative confusion or minor quibiling, but straight up shit-fukery from dodgy actors with zero regard for local laws or people. With every TV interview, every article, that becomes a little clearer. Great to hear AVZ calling it out properly, and great to hear embassy(ies) are getting involved.
The Company is receiving further support from the Australian Embassy in Harare whom are engaged with other foreign embassies in the region, whom jointly share a common interest to support investment transparency in Africa’s mining industry.
Assuming one of the other embassies is the US, let the bidding war begin!
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