The SDL iron project requires around US$1 billion for mine development and around USD $4.6 billion for port and rail infrastructure. ANS is unlikely to have capacity to finance this project. Presently, ANS has 5 billion shares outstanding and almost used t uphe capacity to raise fund using the 15 per cent facility without shareholders' approval. Forget your dream and take a good rest. It is a joke. Lol.
ANS Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
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