Still here, well was occuppied, but not much has changed, accept Crash was 100% correct, PW is a goose. I always thought that the proof would be in LINDs conversion result, and was willling to give him every chance to prove himself, a matter of perspective now what the plan may be, but unfortunately for holders either way PW has shown his lack of experience.
The facts remain,
LIND conversion floor price 1.2c and they have money to make, where talking millions its what they do and they rarely lose. Does anyone disagree with this statement?
Going back through previous drilling, the results and consistency of results would suggest there is every chance of some great results. Im convinced that for NM to benefit effeciently, immense value must be realized in kilkivan while part of ANW no matter what the outcome, however there is no timeline on this shit, least of all ours.
Thinking about the limited resources they had to produce 5 tonnes of concentrate for trial, which was pre plant optimization leaves me at loss to think that they wouldnt have a 20t shipment by now or any day should they choose, also considering they had an amount left over from G1 and had tailings and crushed stockpiled ore available the last 2 months and now say they have fresh ore without the need to crush which from Feb ann is two weeks.
Yes Jemrok were a failure, PWs inexperienced has led him down the path of taking the cheapest option which seldom turns out to be the cheapest option at the end of the day, pay less now pay more later, as many of us managers no doubt understand, did he have to learn the hard way, NM lack of attention here, the buck stops with him imo as PW is obviously a rookie CEO!
Still waiting for assays. Still waiting for Tin Sales. Still waiting for LIND to pump this thing when those two things happen! Jemrok will have nothing to do with this manipulation and will be long forgotten by the time sales eventuate.
Im confident ANW will end up like Solgold, with the fundamentals they have both micro and macro, but how, when or effeciently is anyones guess which doesnt mean everyone will benefit along the way. I do however struggle to see how a share holder of 1.5c today doesnt benefit from here at some point, todays announcement is inconsequential to the SP imo, sure it may move a pip or two here or there, but is it really going to stop what happens next.
Sitting back and waiting for LIND to do its thing, management perhaps now whever they chose it or not are waiting for them to build the train that they can have assays and tin sales ride on, so in saying that perhaps its backwards now and assays and sales are better served sailing with the wind and not against as many of us have been hoping pre conversion.
Many see dilution as the devils advocate, a loss, many companies would more closely deem it to just a means to an end, a necessity and a 100 million holder at 1.5c/ $1.5m coping 15% or a couple hundred thousand dollars vs boarding the train to 5c and $7.5m not a bad 200k investment, or boost juice, which then can be consolidated by sales out of Granville is one perspective. I mean giving lind that firepower may yet work to ANW advantage who knows how deep the future with lind goes, they are a big player in the Tin market, never the less 20 million or 23 million hardly the bigger picture, wouldnt you say?
Would be nice to know exactly what the big picture is, but like always will have to wait and see. Still involves Tin sales with a sizeable proditability and some of best prosepectivity of the hottest metals heading in to the 2020s, along with a world class project. Going to need patience on this and lots of it, or at least as much as LIND!
Obviously not everything is as it should be and one should watch this closely with open eyes, but luckily for holders imo for ANW the proof will be in the pudding, which is unfortunately still being baked, assays, lind pump and managment fumbling there way to a producing tin mine and first sales.
ALL IMO
ANW Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
(20min delay)