takeover information for shareholders asic, page-4

AHR now has the Independent Scoping study to use to extract a better bid.

Sorry to be negative.
At the AGM 12 Nov we were expecting the Scoping Study any day Released to the market on Feb 24.

On the 28 of January AHR announced Bottom of page 2 (Anchor is proposing a program of around 4,000 meters of RC and diamond drilling to commence EARLY 2011.) We are now at the end of Feb no update.

Todays 24 Feb Announcement Bottom Page 3 It is ANTICIPATED that theses results will lead to the commencement of a pre-feasibility study phase by year end.

In other words like 2010 AHR is going to spend 10 to 12 months drilling 4,000 meters and getting results, and maybe commencement of a pre-feasibility.

I think AHR need at hurry up.
I will be definitely considering this when I make my decision.

Please DYOR.