re: Ann: Anvil Commences Review of Strategic ... Thanks Miningnut and Stone Pony.
Always look forward to your comments.
I believe Anvil has considered taking over Tiger but it was thought to be overpriced and now perhaps too far down the track to be worthwhile. Still with Trafigura on site who knows?
Tiger share price movement is not indicating any anticipation.
As Anvil's profits take off perhaps Trafigua and Anvil management might be thinking of rapid corporate growth, in this case not so much as a take over but something along the lines of buying up other undeveloped areas close by to grow the company and move towards the objective of Anvil becoming a mid tier copper producer.
In the mean time the market will be focused on quarterly profits and will adjust the share price's considered value accordingly.
"Show me the money!" (profits)
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