Eckhof said that there is and will not be any risky dispute with okimo. it is only a question of one or two points of the contracts (how should it be made that okimo will always have the same percent part of Moto if Moto will give out any new shares). And he also said, that okimo has to show strength against its contract partners, because it is a state-owned company and kabila wants to win the election and he cannot do that without a strong hand to the partners of state-owned companies. So there is not really a problem with okimo, they only want to show the citizens of kongo, that they are operaters and not the foreign companies. so keep cool, in june they will bring out the pre-feasibility-study. this will make moto to a 3$-explorer! kabila will win the elections and after that moto's share price will go to the moon! Eckhof said he thinks that Moto will have a share price of over 3,50$ at the middle of 2006 (after the pre-feasibility study!).
MOE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held