Better luck next time Zachary. I know you put a lot of time into this one, only to be penalised by initially over-optimistic expectations by management, and then lack of disclosure.
Pual. For sure the premium for Balatindi's potential to be world-class and the premium for a potential PRU takeover, are both pretty much out of the market cap now, vis a vis other African explorers in todays market. Ongoing weakness is probably due to ongoing sentiment, and all those options to be funded in 4 weeks - both should be somewhat temporary affects though.
I dunno exactly what BYR will be worth in 6 months, but surely it's not as close to zero as Paul suggests. They have plenty of really good ground and Mansounia, both worth a fair bit, and provided the price holds up, about $10m in cash in 5 weeks time.
If it wasn't for RG, I would have got back in at 7.5c last week. I thought BYR is cheap at that price. But while RG is still there, I'll never hold.
Good luck to all.
- Forums
- ASX - By Stock
- ANL
- gap closed
gap closed, page-14
Featured News
Add ANL (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.74M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ANL (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online