Thanks Miningnut!Have been disposed to thinking that the Congo...

Thanks Miningnut!

Have been disposed to thinking that the Congo "Minister for Mining" must be under overwhelming pressure to let companies off from any impediments that the original contract review might have imposed.

The Government must be suffering from shock with the economic downturn, closure of mines, halting of expansion and development of new mines and cries from mining companies which are struggling --- for Government support and not impositions.

As such the release of the Contract Reviews must be delayed by last minute negotiations and re-writing of previous contract impositions.

In the long run this has probably been beneficial for Anvil.
The latest share price surge may well have been a result of this process.

As predicted Anvil share price may soften a little once the initial buying surge is over.
A drop back to $1.20 would not be unexpected.

We now look to three milestones ---

1. Release of Contract Review - not harmful to Anvil.

2. Reduction of cash burn, Dikulushi back to production and smelter/s running efficiently and to capacity.
(Can Anvil actually achieve profits with present mining set up at present world price of copper????)

3. Obtaining finance for the completion of SX-EW plant.