ANL 0.00% 0.1¢ amani gold limited

ANL Vs CDV - Better value.??

  1. jj2
    1,735 Posts.
    Just wonder what peoples thoughts are on this.?

    Although our first resource is not yet announced.. it is clear that Klaus thinks we "could" have between 4 and 5m oz.

       CDV    ANL

    Current MC   208m  @ 58c 50.5m  @  3.9c

    Cash at 30/3   12.2m 3.38m
    CR completed 45.6m  @ 50c =  22.8m  

    Cr announced/not   500m @ 5c  = 25m
    yet completed

    Total ( potential )
    cash - drilling done    35m 28.38m

    With the ANL plcmt
    shares MC comparisons    208m 70m  ( if shares stay at 3.9c )   


    Resource released    4.0m  oz

    Resource anticipated    4.0m oz  to  5.0m  oz


    Drilling is ongoing.
    Ground holding and potential of both companies is...

    Recoveries   91 % from oxide
    90 %   from sulphide samples


    Im no geologist.. but the first figure
    i could find in the 188 pg report..
    pg 9.. ws 82%  ( and we're all    82 %
    aware of previous issues )


    I think for all holding ANL.. this should put the current SP in a better context.

    Thoughts @raiderup @Foxhead @1for1  @ jignesh12003 @BreakingBad01
 
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