PSC prospect resources limited

Diggers and Dealers, page-15

  1. 115 Posts.
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    "According to ACF’s 2013 Investor Handbook, Zimbabwe Investment Authority issued ACF a licence to own a 70% equity interest in African Chrome Fields on condition that Farvic Consolidated Mines (Pvt) Ltd has the right to claw back a 21% equity interest in African Chrome Fields. These were stock options.
    Farvic Consolidated Mines (Pvt) Ltd is owned by Duncan (Harry) Greaves a Zimbabwean who also had shareholding interests in Prince Olaf, Farvic and Nicholson gold mines in southern Zimbabwe. Mr Greaves was connected to deposed Former Vice President Phelekezela Mphoko."

    From an old article, sound like our director has strong political connections, possibly good relationship with the president so we can reject Sinomine's TO offer, 'Priority Status' from the goverment and etc
 
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