KoBold haven’t mentioned anything about compensation being for both south and north. The only thing they said about the north is that Zijin should keep it. The idea that letting Zijin have the north will be done to avoid antagonising China is ludicrous. Trump wakes up every single day thinking of ways to antagonise Chyyyyna. More likely KoBold took one look at the mining code plus the waiver and realised the north has been gone for years imo
As for appropriate compensation let’s hope The Simpsons didn’t get this prediction of Bill Gates buyout strategy correct
I gave up posting here a while back Carlos, what brought me back is exactly what Bill Gates is doing in that Simpsons sketch you posted.
Now he and his mates are going to try and screw AVZ shareholder’s out of what the project is really worth while they make a killing out of it.
According to the news reports, KoBold said part of an agreement is that Zijin would pay us compensation for the north, hopefully that’s true obviously Gates and his rich mates believe they’re running the show and the money he and his mates have comes with a similar amount of power.
I doubt anyone as rich, powerful and high up in business as they are would be worried about their reputation
@whales
Whoops…. Edit that last paragraph, they have that covered by already portraying themselves as the great saviours of the DRC, USA, anti corruption and last of all AVZ.
Don’t get me wrong, I reckon most shareholders will come out of deal with a good return on their investment, just not what we should get.
In the end Nigel will do his best for shareholders, let’s just hope what ever they offer that it comes with a tax benefit