You make fair points and i have covered this point to death and wont be doing it again but....Hi Beisha,
I certainly acknowledge the points that you make. But the claims against Dathcom/AVZ were on the face of it appeared to me as being outrageous. At the time I would guess that the Board would have felt that there were no legs on said claims; especially taking into consideration the DRC Laws and the JVA. If I was on the Board I would not have taken them seriously and see them as frivolous and not worth mentioning.
Now it would appear that the DRC are not following their own laws and make shit up as they go. If every rumor and every claim were reported on especially when it would appear that there was no merit to them then the ASX would look like a chat forum.
Forsight is a great thing.
Lets simply focus on the facts that;
1) We are still in the game
2) Waiting on the ICC outcomes/rulings
3) Waiting on the ICSID outcomes/rulings
Taking everything into account my support is fully behind the Board.
Regards,
SilentOne - DYOR
" from any source and of any character "
Its pretty conclusive, AVZ should of informed the market of potential problems in the wind so that a informed decision could of been made by investors based on that information going forward....spurious or not.
Look, it is what it is, I back the BOD to get us out of this fucked up mess big time, the true evil of course is Cominiere / Dathomir / Zijin / FT, but in saying that, if no progress is made regards to binding MOU come next AGM......well lets just say, AVZ BOD will have alot of heat applied to them and question time will be demanded !!
Long term holders life savings on the line, AVZ BOD need to formulate a plan to get Manono into construction / production, will have to compromise, ML for RD and JV CDL will ensure our investment wont get stranded or decimated by any means.
RD alone......... 840m/t from suface, open in all direction, 1.6% grade will still make us all very rich long term, regardless of CDL .
Thats the way i look at it.