AVZ 2.08% 4.7¢ avz minerals limited

Here's a bit more piece of information to complete the puzzle:...

  1. 27,817 Posts.
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    Here's a bit more piece of information to complete the puzzle:

    Dathomir Mining Resources, whose first director was Min Guo Wei – an influential Chinese businessman in the DRC.

    At the time, Min Gui Wei was also the executive director of Sicomines, a $6 billion bilateral trade arrangement between the DRC and China that allows the African country to swap mineral resources for infrastructure such as roads and power stations.

    When Min Gui Wei stepped down from Dathomir he was replaced by Cong Mao Huai, who has been described by Africa Intelligence as the “godfather” of Chinese mining interests in the DRC. He is reportedly the man who gets mining concessions arranged for Chinese companies in the DRC.


    It's reasonable to expect why the deal was stated that Dathomir is responsible for securing Road upgrade and Hydropower station refurbishment given its connection to Sicomines.

    AVZ is a bit lucky to have this sort of connection, at least we could have some "free" funding from the DRC government for some infrastructures funded by Chinese groups.

    DYOR & ALL IMO.
    Last edited by 8horse: 25/06/19
 
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