ANS : will we fold or fly?, page-331

I think these calculations are starting with a fundamental error to begin with.

BHP have mining licenses - we (ANS) don't.
Although controversial, Bestway Finances Ltd holds mining licenses through its Congolese subsidiary Sangha Mining Development (SASU).

Our involvement with the port and rail infrastructure, and hence potential value, still hasn't been fully defined to shareholders.
Yes, we're a consortium partner, but Bestway is the "consortium leader".

And regarding an IPO?
This has never been mentioned in any company announcement.
I'm not sure why this keep coming up.


4 March, 2022

And the only mention prior to that was on 26 June, 2021.


And besides, to those who keep talking about an IPO, why would you need to raise funds from the public when the project is fully funded by the offtakers?





Have you considered that?

Are you familiar with the story about the 5 monkeys in a cage?
https://www.psychologytoday.com/au/blog/games-primates-play/201203/what-monkeys-can-teach-us-about-human-behavior-facts-fiction


Don't get me wrong, I'm mildly excited about the future, but let's keep it real.



Chickens and eggs.