Seems like Felix has lost control. china flexing its muscle, this is not good. Who is going to stand up to china? They are telling everyone to get stuffed and doing what they please
That's what China do. Have a look at the Spratley Islands ruling in 2016. Rulings totally against China but they say we don't accept ruling. They have since reclaimed the reefs into islands with airstrips. There has been no follow up from the World Court or the Permanent Court of Arbitration.
Zijin need to be evicted from the Power Station immediately otherwise they will just claim it and impossible to remove them.
This Shit Show is just going from bad to worse. One minute there is a bit of confidence about a resolution, then next we are going backwards. China bastards are not going to walk away, abide by any Court or Arbitration decisions if it doesn't go in their favor. They just ignore them.
The DRC have shown to be weak, corrupt, lacks leadership and hopelessly tied to China. No doubt MMGA are puppets for Zijin/China.
Just booked my flight to Perth for AGM. l never go to AGM's or rarely even vote except to vote against Directors getting Bonuses and gifted shares when SP has taken a fall. Happy to vote For when the job is done, not before.
I am angry. So much of my day is spent catching up here on what is going on. Thank you to the wonderful contributors who spend hours researching and reporting on TSE keeping us informed of this complex situation but China will not go away, they will find stalling tactics every inch of the way.
I fear for my investment, 3+ million shares. I think the BOD have done their best coming up against corruption, ignored rulings, treacherous former employees and decisions by Ministers that ignore DRC Law but the Chinese are not going to let go no matter who or how they have to pay off decision makers.
When you have 2 corrupt Countries willing to play brown paper bag game for greed or to get what you want then you have no one with a conscience.
Just refer to 2019 70th Anniversary of CCP speech by Xi Jinping. He said by the 100th Anniversary China would be the leading Country in the World that decide and control all things. Lithium is just one vital resource they want to control and what better way than have the largest hard rock mine and control who gets batteries. I bet there are other threads on TSE about other minerals/resources that are fighting against Chinese theft and skullduggery just as we are.
Sorry for the rant. This morning just got to me.
See some of you on the 23rd.
