Is this the same SIMON CONG..????????‘Fail tail and DRc still have no intention of stopping these court cases’
…. So what .. if we need to run to the end with these vermin , so be it ; is there some reason as to why you think we should actually trust them and let them on board
‘The former AVZ’s Director fired by shareholders is in a suspect bid to control its management. Closed to Klaus Eckoff and Simon Cong Maohuai, is he a leader, a Chinese’s puppet or Trojan horse to destroy AVZ Minerals Limited from the heart?
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Peter Huljich, Amani Gold’s Chairman closed to Klaus Eckof and Simon Maohuai Cong in a suspect bid to come back on board of AVZ Minerals Limited. - Mining News Magazine
critics of AVZ Minerals Limited have been publishing fake news to disorient opinion and discredit the current management of the company …miningnewsmagazine.org
Armani Gold
“The Directors presently in office are Klaus Eckhof, King Sun Tsang, Maohuai Cong, John Campbell Smyth and Peter Huljich.”
PH , Cong and Klaus all well connected , all served on the board at the same time and Cong got a sweet deal through a peanut sale of their main asset to a company whose main holder was indeed ….. drum roll …. MR SIMON CONG!!!
Imo , I reckon you have rocks in your head if you -
(A) believe Fat tail have any intent in sorting things out for the good of AVZ shareholders and it’s not for their own personal benefit only
(B) think AVZ shareholders are gullible enough to believe the garbage you speak.
There’s enough black and white information publically available on line which has been the source of many people drawing common conclusion ,which steam rolls your bullshite
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Just getting a bit confused ATM...thanks
Your post shed some light on some certain resigned AVZ BOD...cheers
In May 2021, Cong wrote to AVZ purporting to cancel the sale of Dathomir’s 15 per cent stake in Dathcom, citing the need for a valuation. AVZ says a valuation was not a pre-condition of the 2019 and 2020 share sale agreements and proceeded to make the final US$20m payment to Dathomir in August 2021, ahead of the deadline.
Dathcom, managed by AVZ’s technical director Graeme Johnston, subsequently lodged the signed transfer documents with the registrar of the RCCM – the official public share register in the DRC. A new share certificate showing AVZ’s 75 per cent holding was produced … and that’s when things started to get a little crazy.
In an almost comical move, Cong dumped the US$20m back into AVZ’s bank account. AVZ then sent it back again, but this time the money was lodged in a lawyer’s escrow account (pursuant to a court order obtained by AVZ) and Cong was told to go get it – which he didn’t.
Cong then attempted to claim the new share certificate issued by the RCCM was a forgery and perhaps inexplicably, managed to convince a criminal court in the DRC of his claim. Perhaps even more inexplicably, the court found in favour of Cong and Dathomir and sentenced Johnston and the clerk responsible for creating new share certificates to three years’ jail and one year in jail, respectively – although happily, the clerk had his jail term suspended.