Thanks KKR and Whitelight!The following comment is indicative of...

Thanks KKR and Whitelight!

The following comment is indicative of previous suggestion that the recent news release was probably an indication that Anvil is preparing to take over commercially lucrative prospects located nearby ------>

"The Company has entered into a confidentiality agreement in connection with a tenement located approximately 30km
west of Likasi and is in ongoing discussions in relation to other exploration opportunities located in relatively close
proximity to the Kinsevere tenements"

The suggestion that Trafigura is setting up Anvil to be taken over may have merit but this does not appear to be the time to get maximum value and unless it is a friendly arrangement between two large corporation does not seem to be appropriate.

The item that is significant is the quarterly loss.
The "SHOW ME THE MONEY" approach by institutions explains why Anvil share price has been subdued.

As the next quarterly report will reveal a complete turnabout in profits one may well anticipate a consequential surge in share price.
As indicated in the past - depending on world economic situation.

Share price improvement may commence soon as institutions look beyond the financial outcomes in the latest quarterly report.