Meanwhile, more than 21,000 shareholders are caught in the crossfire, uncertain if they’ll ever see their investments again. This is the kind of blow no investor deserves.
While AVZ management remains committed to a resolution and maintains they’re still fighting for their shareholders, numerous questions remain:
Questions to be asked
- Can AVZ expect to be awarded a mining licence in the near future?
- How will the ongoing legal proceedings impact AVZ’s relationship with the DRC government?
- Would a full sale of the Manono project be in shareholders’ best interest?
- Will AVZ relist?
- Will the fines imposed by international courts be paid by Cominiere?
- Will a shareholder class action against AVZ proceed?
The AVZ saga underscores the importance of due diligence and understanding the risks involved in mining investments, especially in less stable jurisdictions. For the many thousands of AVZ shareholders, this situation is undoubtedly distressing. It's important to remember that behind every investment are
real people, and their financial well-being should always be a priority.