Here's the objective facts. This management has no demonstrable experience in actual mining. Until now it's all been paper pushing. Production has started but requires optimizing process to improve output volume and concentrate levels. This has to be done immediately or further capital is required for continued operation.
The last capital raise was from stock holders at 1.1 cents. Current price half that. Convertable notes are held by Lind constituting about 20% of current market cap. All suggesting further raising if not very difficult will be at a very substantial cost to share price.
It's all down to the one guy at the mine site knowing what to do, favourable weather and no machinery failures.
It can't be done in 6 month's time. It has to be now or it's administration or takeover.
ANW Price at posting:
0.6¢ Sentiment: Sell Disclosure: Held
