With even the original (08/04/2013) Helmsec Global Securities Research Report rated ANW as a .20 Risk Free at the time, with these OPEX reductions there is definitely significant upside and to repay within 3 years, it is certainly a viable project. Tin Prices relatively stable and more demand globally over the next 5-10 years. Timing will be the key issue here with ANW cash running low at present. J.V. or CR required sooner rather than later.
ANW Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
