Kobold frothing over something WE, as a company and shareholders, took all the financial risk to uncover and prove up, only to have years of our own high levels of excitement and dreams at the time (and great relief at being fortunate enough to have been able to take those risks in backing the delineation of such a globally important resource) brutally crushed by corruption and staggering amounts of subterfuge. Like many, I've been holding for almost 9 years now, with my first tentative buy in December 2016, and the effects on my own health and financial situation from being dragged through this unwarranted and, frankly, incomprehensibly outrageous process, have been dire (and RIP John). Call me naive but this last decade has really put a dent in my faith in human nature that this is one aspect of how our global society works, with so many of the bigoted and corrupt getting away with their callous greed and self absorbed behaviour, at the expense of the most vulnerable on the ground in their own countries.
It should be of absolutely no surprise to AVZ shareholders that Kobold will be doing backflips at the idea of getting to be involved in developing the Manono project area, with, as we know, Roche Dure being the apparent jewel in the crown....because that is how we all felt after taking large amounts of early risk to invest in such exploration and having it turn out to be one of those few explorers that comes up Trumps (pun intended) with a globally vital resource. With the current geo political climate I don't believe that the importance of the scope of the Manono/Kitolo pegmatite system can be over-stated, politically or industrially, nor economically and socially for the communities in the Tanganyika Province.
By every reasonable international business and ethical yardstick, given the legitimate processes our company has followed in good faith throughout the last decade, and the enormity of risk we took in the early days, WE should be in the driver's seat developing the Manono Project...the entirety of the original PR13359, as well as the potential extension projects surrounding it (PR 4029 and PR 4030).
If Kobold/US Government want to now slide in and take the vast majority of the profits that will be generated by development of the Manono/Kitolo project area, based entirely on OUR years of discovery risk, hard work and following of all appropriate international business and mining codes, then we need to be very significantly compensated.
What figure do you put on 9 years of this difficult a journey and the turmoil and weight we have all had to endure from such nefarious actions outside of our control. Personally it's hard to quantify, but will rancour without a distinctly rewarding financial compensation for ALL holders of AVZ, for being effectively forced to relinquish a lifetime of dreams and hopes that came from being a part of the Manono development story for nearly a decade and is now finally on the cusp of becoming a tangible financial reality for whichever group takes the project forwards ....a story OUR company, AVZ, uncovered, proved up and took to the world stage, a story OUR company SHOULD be entitled to see through to the profit-sharing production stage if there was any justice for what we've been dragged through.
That loss of a lifetime of potentially generational opportunity and financial betterment is a bitter, bitter pill to swallow and one that will only, personally, be made vaguely palatable by very significant payment in compensation.
