re: another disappointing quarterly.cu up... Well well well!
Quarterly and AGM have been as suggested - nothing to excite the markets.
That is why for some time now have been declaring that early 05 is the target time for some sort of proper valuation of Anvil.
Looking to 05 we have quarterly report indicating big increase in quarter profits.
We will surely have a Geca -mine (or two) taken over by Anvil. To be operating late 05?
We will have a moderate percentage revaluation of Anvil based on proven Dikulushi resourse at greater depth.
We will hopefully have at least one other area which will be designated as an additional viable mine to Dikukushi.
The item which could make a large percentage gain in share price is the one or two Gecamine deals.
Even that deal will not revalue Anvil shares to our satisfaction because of lead-up time from announcement to actual profitable production.
So while closer to 90 cents is still my guess (hope?) for early 05 am satisfied the future for Anvil share price is in the multi-dollar range.
As always timing is the enigma.
Patience will be rewarded.
Back to sleep now?
Until early 05 - or until Gegamine agreement is reached - could be a good idea.
Cheers,
NT
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