re: Ann: Anvil Commences Review of Strategic ... Thanks guys - and KKR too.
Tiger does look like a potential take over target and that may be on the agenda.
Contrary to that prospect Anvil has sufficient resources to cater for the SX-EW plant in full production and likely, if not already proven, more than that.
An expensive buy out of Tiger does not seem appropriate.
There are holdings of potential or confirmed copper prospects around, held by companies with no capacity to develop them.
Anvil will soon be in the position to take on such holdings for mutual benefit.
That is a reasonable approach as I see it.
Market likes the announcement indicating insiders view the statement as confirmation of positive developments ahead.
Anvil share price has been steady - if not strong - for a while now. Institutions/insiders are obviously positive about future developments.
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