ANX 9.09% 2.4¢ anax metals limited

Ann: Drilling to Commence at Evelyn, page-19

  1. 2,492 Posts.
    lightbulb Created with Sketch. 637
    I think the long term copper macro is supportive and the prospects are still reasonable to close a deal here if you believe in management getting it over the line, I sold down a portion because I have a better place for the cash so I'm not ultra-bearish but I think the raising situation is indicative that management expects it to take a few more months at least.

    In the absence of news and bar a large spike in the copper price this will trend lower and if my cashflow permits I would increase my position lower. Wishing everyone luck here.
 
watchlist Created with Sketch. Add ANX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.