There will inevitably be western pressure being exerted for such a massive and critical resource.There are many ways our politicians or PM could put pressure on the DRC or to help give the negotiations a "bump". Correct me if i'm wrong but we have publicly seen ministers or delegations from EU,US & China make public statements & travel to the DRC. Other than our ambassador (Based out of zimbabwe lol & that took long enough to happen) i don't think there have been any aus ministers that have gone over there trying to help? All we have heard or seen is that they "continue to follow and monitor the case" i.e fuckall and watching from a distance.
Like Samus said above, China as a whole is continuing to hemorrhage the global critical mineral industry and in doing so is affecting other australia businesses/industries but the entire west is too focused on trying to be inclusive, diverse, equitable and politically correct rather than showing force to actually combat china. makes me sick watching it happen in realtime.
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
'The West' has long since woken up to China's aims and MO.
I remember discussing China's shenanigans with a mate 5 or 6 years ago, before they messed with Oz, as he complained about their effect on his business. I just said the west will gang up on China when they wake up.
That is already happening, but needs to increase.
The Lobito corridor is not being financed out of altruism.
China ( and by that I mean the CCP - which is behind this ) are probably hoping that incrementally making it more difficult for AVZ, whilst also attempting to attain a fait accompli on the ground, will win this war.
The corrupt DRC politicians are just in it for personal and , importantly, clan gain which is why they have no fear of being held to account. Ever.
If they are, then they'll do an Idi Amin.
Google him.
So now we wait.
Personally, I think that we will win this as AVZ will not be allowed to go bust.
The two pertinent questions are:
How long will this process take?
and what will our shares be worth / what payout will we get?
That I'm not confident about.
The next elephant in the room is the AGM in only 10 or 12 weeks.
I wonder how many shares have changed hands and what carnage that will allow our enemies to cause.