re: a strong buy now ? Silly me - overlooked the fact that quarterly1 financial results has not been released yet.
Always released on last day of the following month in the past (April in this case) so have fallen back on old habbits.
Miningnut has no doubt hit the nail on the head with his expectation of a loss in the last quarter.
Due to overburden removal stopping mining operations.
The institutions have obviously seen the figures - or less likely have done their own calculations and are not happy - short term.
That is what is making Anvil a great opportunity.
Smart accumulators will be getting set now ---- and in the next few weeks.
After the report is released and price is trashed expect more forward looking and the share price recovery as indicated in previous posts.
Cheers,
NT
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