the issues with ANL are long and deep..But they do have 2.5M+...

  1. 2,349 Posts.
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    the issues with ANL are long and deep..But they do have 2.5M+ ounces near surface and plenty of good neighbours around them for possible tolling low cost mining....

    However the first port of call IMO is to get the old stale shareholders off the registry. Klaus Eckhof and Co has been dribbling their 91m shares ( last time I checked) for along time now killing the SP out of spite against the current management, willing them to fail and then a low ball offer for the company when it should be far higher than current SP..

    This stock has some big Chinese backers at close to 20% stake, they do business very differently to Australian but in the Congo their style is whats works...

    I imagine Grant has done the modelling for the Douze Match upgrade already and will hopefully stay on consulting to ANL as they get closer to BFS...

    Risk/reward absolutely!

    benwex
    Last edited by benwex2: 22/11/18
 
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