Hi all … New to ANP, as I bought this on the new ann. I cant see what is wrong with this deal. The way I consider this is.. If I am a business man, it would be great if some European company comes and finances all the risks and yes I understand if it succeeds they take the major share. But what is wrong with that when I get a reasonable share and I can focus on my other projects without having to worry about financing the main one. Also the risks are the financiers’ now… I don’t get this… I think this is a good deal considering the huge capital that will be required downstream to finance the project with the associated risks.
Also another point is that the financier would not be putting their money into this if they are not fairly confident that ANP will pull this through..
This will go up in the near terms when the market catches up the risk/benefit analysis.. IMO… DYOR…
ANP Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
