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There is a new minister of mine’s regionally, he commented on...

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tendoji

93 Posts.

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24/02/19

22:42

Post #: 37549302
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Originally posted by JB1975: ↑

I'm trying to see how Cominiere giving up more of their share to AVZ is the smart play for Cominiere.

AVZ is committed to pay them two more significant payments for the aquisiition of the tenements. Should AVZ fail to make those payments the tenements (now far better defined) revert back to Cominiere don't they?

Couldn't Cominiere (or some other international entrepreneur like Klaus or Dan Gerbier (forget the name exactly?) suggest to them that) they (Cominiere) do a deal with a major chinese infrastructure construction company perhaps including those currently responsible for getting the roads to Manono? So the infrastructure company would raise the funds for mine construction in exchange for a share of the returns from the developed mine - with AVZ essentially replaced in the JV for defaulting on payments.

As I understand the head official of Cominiere (I had his name somewhere) was an appointee of the DRC President so the incumbent (if it is still the same person) was probably put in place by the former Kabila govt.

You did not burn the trust of NF when he asked you not to disclose conversations so perhaps he will be willing to tell you whether certain key players (1. the head official at Cominiere, 2. the governor of Tanganjika, and 3. the provincial minister of mines) are all the same people AVZ had previously been working with now that the elections have been had. That stuff is not secret but is difficult to determine easily by retail investors in australia when the DRC websites are in french and the government agencies don't exactly update them as a matter or urgency. AVZ would know or should know if the three key people I mentioned have been replaced. The last two were helping them with haulage route planning.

People often opine that this or that course looks to them to be the smarter play in the interests of the DRC - but decisions are made by particular people even in first world countries. From AVZ's standpoint I'm wondering if key people, decision makers, stake holder in developing the local region and the national assets and revenue bases have changed following the election. It could be that the governor of the province is supporting and the head of Cominiere was but the new government might contain elements that want to extract more from miners than the old government. In the west we see plenty of examples where government compromises produce stupid policy. The people making the decisions matters. So whether they've changed matters. Just my opinion.

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There is a new minister of mine’s regionally, he commented on Manono’s strategic importance recently in social media.

As for cominiere, why not send them a text message? There number is on the website.

Why ask here?

AVZ Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
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There is a new minister of mine’s regionally, he commented on...

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