ASL 10.8% 95.5¢ andean silver limited

Ann: Response to ASX Price and Volume Query , page-14

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  1. 27,758 Posts.
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    Cheers Q,Peter O'Neill is an accountant,with a commerce degree I think.

    O'Neill was educated at the Pangia Primary School, Ialibu High School and Goroka High School. After leaving school he was educated at the University of Papua New Guinea, graduating with a Bachelor of Accountancy and Commerce in 1986.[2][

    http://en.wikipedia.org/wiki/Peter_O%27Neill

    PNG just like Australia(politics aside),has suffered from Dutch disease.
    Had PNG borrowed their thirty percent US$600 Million from the Chinese it would have adversely impacted on their terms of trade and added to their indebtedness.
    If and its a big if, O'Neill funds PNG's governments thirty percent of Yanderra via the PNG-LNG project,it would be neutral as far as their terms of trade go.
    The PNG government will also have the cash to build more power stations.
    I still favour Thorium,as a power source(because its the cheapest), though I suspect O'Neill will tie Marengo into a gas deal,thus the PNG government cant lose(which I'm not entirely against).

    The big caveat Q on what Ive said,its all speculation on my part.

    Raider
 
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Last
95.5¢
Change
-0.115(10.8%)
Mkt cap ! $149.7M
Open High Low Value Volume
$1.02 $1.02 92.0¢ $1.819M 1.893M

Buyers (Bids)

No. Vol. Price($)
1 5250 95.0¢
 

Sellers (Offers)

Price($) Vol. No.
97.0¢ 5040 1
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