Azzler
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I thought I'd do some thinking out loud if you guys don't mind, because this is very alarming news.If the DRC strips AVZ of its majority ownership of the Manono project, AVZ will launch an eye-watering multi-billion dollar damages claim in the ICC.
With this in mind, plus well-documented evidence of systematic China-DRC corruption, plus the potential death of its lithium battery aspirations, plus reputational damage ahead of national elections, I think the DRC government will not pull the plug.
Nonetheless, this is a high-stakes game of who blinks first.
Just thinking out aloud.
Cheers
F
I'm trying to bring everything into perspective.
This move is obviously unlawful, you can't just cancel a contract unless there is an intervention decree from government.
If cominiere could throw us out with this move, they would have done it long ago.
Why do it now? An unlawful public move like this at this time can only mean utter desperation.
While the move may not be legal, it will delay this longer and longer, which is the chinese plan of attack.
If CKK is endebted to Zijin, and he promised them something, took their money and cant deliver, what does he do?
The incriminating audio of CKK might have been a warning shot from Zijin?
Get us what we want or we release more incriminating information.
Desperate moves are made by desperate people.
Not that I understand Congolese mining laws one bit, but I think the only way out of this is intervention from the President.
This move may force his hand to do just that.
CKK Needs to be arrested and replaced.
I can't imagine The MoM or the president happily waiting another 12+ months for this new drama to play out.
Enough is enough.
It's simply too damaging for them to take it all away from AVZ after the time and money invested, abiding by the laws, supporting the community, ect, ect...
Sooo just thinking out loud because I need some hope and to think things through.
Take some time out guys, this is so fucking frustrating and scary.