AVM advance metals limited

some more info - - signs of pragmatism creeping in finally...

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    some more info - - signs of pragmatism creeping in finally ..?

    http://www.moneyweb.co.za/mw/view/mw/en/page66?oid=199704&sn=Detail Accessed 19 March 2008

    "... However, according to high level sources familiar with the situation, the bottom line was that DRC president Joseph Kabila had instructed that no licences would be taken away from any of the big five players; that none of the major players would lose concessions. If licences and/or concessions were to be revoked, so the sources maintained, it would only impact the small operators - "those without the political roof cover and certain other means".

    The so-called "big five" refer to First Quantum (FM CN, C$85,50 a share), Katanga Mining (KAT CN, C$13,88), Camec (CFM LN, £0,52), Metorex (MTX SJ, R20,78), and Anvil (AVM CN, C$12,01).

    ... "

 
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