Despite the lack of news I am quite happy with how Andash is progressing.
For the first time in a long time we have what appears to be genuine Government support.
We now have a positive environmental review which should help calm the locals. The share price suggests that Andash is no chance but I think this is wrong.
It was only a few months ago that the Government instigated a comission which was essentially designed to figure out what needed to be done to get Andash going. The first step of that was environmental review and I believe we have ticked a big box.
I dare say there is plenty going on in the Krgyz as far as getting local approval. It may take some time however I see local approval as the last box to tick. With several hundred jobs on offer to a struggling economy, a positive environmental review, and a government on board with a 20% interest in the asset I think management can get this over the line.
Keep in mind Simon Milroy has already been there and done that with PNA.
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