Last week my contact said there was no one in the board room as they were out trying to get the best deal for shareholders, my contact added no one was authorised to divulge their whereabouts. Then we heard later that nigel was in the US. The feeling I get is they're trying to sell the mine to the highest bidder.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Why now though?
EarleofBarrow
Regular
Winenut
GO AVZ!!!!
No need to discuss June's personal issues on a public forum.....
Will be jumping for joy if we get a USA buyer.
As that also implies Minerals for Security has been accepted .
TheCount
Regular
Thanks Geo, for the straight forward update.
Regarding Felix's blatant offer I've been wondering how that squares with China's deep presence and interests and whether it signals a thawing of relations. Can't imagine they'd be too chuffed about it.
Or is it a cunning trumpian plan to provoke China into providing security in the east. From memory did they once have troops on the border...dunno.
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EarleofBarrow
Regular
Clearly a ML will need to be a condition of any sale agreement
And has the same offer been made to China
Sweet! Just like picking up a cooked chook from woolies! Easy.....Clearly a ML will need to be a condition of any sale agreement
Winenut
GO AVZ!!!!
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CashKing
Regular
Yep get us out of this mess ffsWhy not
Mute22
Regular
Maybe the situation looks something like this:
The DRC has realised there's no more room to drag this out - they don’t want their dirty laundry aired on the world stage, nor do they want the mine tied up for years. Their expensive lawyers have likely told them there’s no way they come out of this looking good. However, their egos won’t allow them to backtrack and let AVZ be involved in the project after all this bad blood. So, they’ve made an offer to Nigel:
Find a serious Western buyer to take your place.
CATH keeps its stake, and they’ll issue the ML on the condition of this sale. This way, the mine operates with both Western and Chinese involvement, hedging their bets. No need for court battles, corruption gets swept under the rug, and the key players walk away with their ill-gotten gains. The DRC public remains none the wiser, and Felix gets a geopolitical win - keeping both sides happy while securing indirect US support against M23.
That’s my headcanon, anyway.
Hodlandwin69
Regular
Which means we don't need to go away on the cheap.
"The first victims in one of the villages were children who ate a bat and died within 48 hours, the Africa office of the World Health Organization said this week."
While Felix eats a lobster lunch in Brussels .
Uglybob
Regular
That's not an offer, that's a demand. The DRC are in no position to make demands and they know it. Potentially AVZ could have offered this outcome, but it would be unlikely to be DRC driven.
That said, as much as I'd love to see all involved in the corruption arrested and Felix the impotent's head on a pike, that doesn't get the $$$ in my pocket, so whatever it takes to get the deal done is fine my me (legally and justly of course, I'm not that much of a savage).
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