That looks about right for Tony's shares. which isn't the best but if you're looking for management/owners confidence in Andover then recently they've had some directors buying on market around July/August when new directors came on board and some left. Its in the annoucements somewhere.
Then last week there was Mark Creasy, who some think is a big deal, who gave AZS the Andover project and owns 40% of it and a lot of AZS too, buying $2.2M of shares on market over the course of 2 weeks or so, with him buying every single day in a row for a week straight until the change in substantial holding announcement came out.There's nothing to say he's stopping buying shares either so it may have ended up being more $2.2M of of on market buying in 2 weeks.
So while Tony doesnt have the biggest individual holding there's definitely been management and owner interest in increasing their holdings lately.
Otherwise just look at the dirt and whats there and what the potential for other finds at Andover is. If you think thats worth a punt, go for it, if its too risky dont worry about it.
You can probably safely ignore certain other downrampers here that have a flair for underlines and bold and coloured writings. Their claim to fame of predicting the fall was them predicting everywhere from 10, 20, 30, 40, 50, 60, 70, 80, 90, $1 and $2 last year all at the same time and thinking they were omniscient.
Just last week they both made a thread of 65-70c being inevitable, and while screaming about 20 and 30 cents. Before that they were saying the end was nigh and the price doubled.
Very few people here like the company itself, everyone rightly touts poor performance, but most of the discussion is on the fundamentals of the land and the minerals in the ground.
tl;dr Management and owners have been buying shares on market lately, and theres a bunch of interest based on whats in the ground, if youve read the announcements, and think it's worth a punt its probably not the worst time in my opinion based on the expected greenfield drilling and the upcoming mineral resource, and the recent Mark Creasy on market purchases.
Good luck either way mate.
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