Ann: Capital Raising and SPP For Taronga Stage 1, page-336

Its interesting to see all the new holders and those starting to drop off, it's strangely a very similar position to 12 months ago, back in Jan 2018, a lot more shares on the register, Granville still similarly poised, albeit slightly more advanced, although back then we were thinking we were only 6-8 weeks off sales and awaiting Mt C results all the same.

One has to wonder, are they confident of what the quarterly is about produce to follow through with the 1.1c raise,must be some good news to come. The free option is not worth it's salt really at the moment striking at 2.5c and unlisted, so I don't think it's a desperate measure, more likely it is what it is and a loyalty option for loyal shareholders who have put up with the delays. If they were desperate they will have revised the raise price to 1c, whats stopped them? They must be confident you would think.

Pity is that after all the frustrating delays, you can't blame people for selling out and the hurt just may be compounded by them finally get runs on the board. Cobalt results, Tin Sales....it's likely they will get there, its just a shame it has to be this difficult.
Absolutely nothing stopping them coming out with a great Ann, the ingredients are all there, but with this management timing has become a gamble, the dilution a drain on value, however it can literally turn any moment, and still asking for 1.1c has me intrigued what's coming.

Wouldn't that be a nice reward for loyalty, the news we have all been waiting for, coming out and supporting the sp higher sustained with ongoing sales, making the spp for loyal holders and lucky new comers a gift, to finally reward the show of faith, which they don't deserve, but money talks and BS walks.

The only really risk here is If they dont make a go of Granville and further dilution into Taronga, a sp consolidation and then rinse repeat with Taronga, while assuming Mt C is a dud, lots more f*ing up to do to suck the life out of this, at some point you would think it's going to be a CASH cow for DGR and co. gltah on when.

With all my disappointment in mind, I find myself pondering when having a unbiased view, that you can't help get the feeling that 1, 3, 5 or 10 years from now ANW will be a profitable company and like when you look on a graph over the 10 year history you see all those years at 1-2c before it finally takes off you wont even be able to recognised the ups and downs of 2017, 18, 19.....all you may think is wish I bought in somewhere there along the line.

All imo