ANL 0.00% 0.1¢ amani gold limited

$6m mktcap $2.5m cash 1.3mozs gold pru backed, page-21

  1. 12,484 Posts.
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    Yeah - so the Mansounia resource is only about 2x cut-off at last count, and at 1m oz that's not much good to anyone really. However if POG goes bunta and grade hits 4-5x cut-off, and someone believes it is sustainable, then it might(?) be a goer, IMO.

    The close-tie up with PRU was dropped after the Balantindi results. I recall PRU publicly stating their disappointment (AGM????). It was the way those results were delivered (or not delivered) to market that creates the legacy of disregard from the punters, and I suspect, analysts and financers. However, a lot of BYR's ground is very prospective, and what remains of the tie-up with PRU at a technical level should assist to unlock any potential that remains.

    Poking more holes in Balantindi, though, doesn't float my boat. But it pays to watch everything despite prejudices.
 
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