Yellowpuma as I said everyone is entitled to their own opinion and dissect the information in the way they want but after engaging with a few brokers and quite a few colleagues who trade O&G more than I do looked at the documents and what is available to ANA at present and in their hands which was Audited and given a green light by an Australian Auditor and then a Tier 1 UK Auditor the value sits around 8-10c minimum as it stands if you look at the figures and look at similar companies, however it is now up the ANA management to implement time frames which I believe they will do over the next few months. We must understand that this is not a short term share but a medium to long term unless you a pip trader which at these prices is ridiculous unless buying large amounts. The AGM will tell us more but I think we will see an ANN in the next 7 to 14 days telling us they have awarded contracts which is a definite milestone. Most of their plans are to have stage 1 almost finished by mid next year unless they hit problems. The only thing stopping this is lack of new information but I can see this hitting 6c in the very near future. DYOR IMHO
ANA Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
(20min delay)
