Domum is correct.People tend to expect too much of these reports...

Domum is correct.

People tend to expect too much of these reports and usually we have --- "we are let down - uninformed - disappointing" --- posts.

Quarterly reports are always a pedantic going over of past production.

The annual meeting may also disappoint.

Previously I posted to expect little - or no more - than market already knows or anticipated.

Any market sensitive news must be released "there and then" - when it happens. Not "released" in routine reports.

So Gecamine agreement will be announced when final signatures are added.
Management are not expected to predict such timing.
Tis reasonable that we know what is being contemplated and direction company is heading.

Similarly exploration analysis results will be announced when management has firm figures - probably double checked.

Stage 2 expectations are reasonably understood - as to future increase in profits.

Stage 3 implementation has been anticipated as commencing ahead of original expectations but once again management can't go into these matters publicly until final decisions have been made.

We await detailed results of deeper exploration at Dikulushi (I think) which will have a positive influence on share price.
As will proof that stage 2 is meeting expectations. (Early 05?)

If a Anvil/Congo Government Gecamine (or two) agreement eventually comes to fruition, will be announced when it happens. Whenever!!!???
Expect this to have a more significant-positive effect on share price.

Annual general meetings and quarterly reports in themselves do little to excite market reaction.
With this company anyhow.
Being so upfront and informative on a routine basis.

In the end - with Anvil - results will have to be the driving force.
Expectations are not very good currency at the moment.

Cheers,

NT