Keith,
Yes, I checked out AMZ homepage. But again, I feel Congo won't give to much positive news on short term. Anything can happen. As to Brazil, is there any activity? There is no acitivity in Angola, however, this is result of the rebels keeping areas occupied. I understand the JV partner of AMZ, IDAS, has secured the border to Zaire, weakening the rebels. I would think that upon releasing areas by the rebels (which is happening at this moment) AMZ can make a start with the projects. According to there own info the concession hold the most and the best diamonds of Africa, and there is big potential for kimberlites. I see that this concession has high potential. But when?
Rumours were that AMZ would be taken over by one of the directors companies. I believe this is because of Angola. If so, something might happen any day, looking at the local developments.
Do you know anything about any takeover?
regards,
Josh. |