So Cominiere is suing AVZ for the loss of their 10% that by law cedes to the Govt (or is it 5% with MMCS still in the picture?). So in theory, MoM issues mining license, 10% cedes to Govt, Cominiere own 0%, no case to answer to? Felix just has to wave the axe in that Department and they will be out of the picture.
Let’s see if Zijin continue their lawsuit and piss off the Govt. Zijin are suing AVZ for what? The Govt would have made the decision to kick them out, not AVZ. Zijin would have a better chance of suing the Govt if that’s in fact what has happened.
If I were Felix, I’d tell Zijin to drop everything otherwise he will start revisiting their other projects in the DRC. Will Zijin take that gamble with a Govt that clearly doesn’t want them in the picture, not to mention China’s exemplary record in the DRC.
Let’s see if Zijin continue their lawsuit and piss off the Govt. Zijin are suing AVZ for what? The Govt would have made the decision to kick them out, not AVZ. Zijin would have a better chance of suing the Govt if that’s in fact what has happened.
If I were Felix, I’d tell Zijin to drop everything otherwise he will start revisiting their other projects in the DRC. Will Zijin take that gamble with a Govt that clearly doesn’t want them in the picture, not to mention China’s exemplary record in the DRC.
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