Thanks Miningnut.
Found the article confusing.
The following extract seems to suggest previous arrangements continue.
The company appears to be at feasibility stage.
Share price rose after the announcement.
Am still optimistic that the contract review will not be seriously damaging to Anvil.
The other indication is that if Moto Contract Review is now released the release of Anvil Contact Review should be released too.
Or released very soon one would infer.
Anvil share price is firm - especially on TSX - with virtually no sellers on ASX.
Yet stockpiles are surging to 5 year highs and price of copper is slumping.
There is a message there!
And the message may well have something to do with the likely release of the Contract Review and a positive view by certain market players of the outcome of the review.
----------------
TORONTO (miningweekly.com) – TSX- and Aim-listed Moto Goldmines said on Wednesday that the Democratic Republic of Congo (DRC) has finished a review and renegotiation of its mining contract, and that the company will retain its 70% stake in the Moto gold project.
A government-owned company, L'Office des Mines d'or de Kilo-Moto (Okimo), will continue to hold the balance, Moto said.
Moto shares gained 6,3% on Wednesday, to C$2,20 apiece by 15:45 in Toronto
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