Market has already priced in dilution at this price imo. It will be onwards and upwards if they can do three things in the next 2 months...
Install liner ramping up production G2.
Make first sale 20-25t (container) $500k+.
Release magnetic anomally assays proving massive sulphides at depth.
One point is they have never ceased progress and in the last month from the AGM to Christmas they achieved more progress than the previous months.
Completed all groundworks.
Mining will commence at GEM immediately...
Processing has resumed lining up with alledged employment activity at Granville...but we can only assume that staff have been employed in anticipation of ramp up and processing resumed using old tsf to put the crew to work and to progress to first sale.
It would be nice to know....
What is currently been processed (T1 tailings or stock piled ore) and at what rate until G2 ramps up?
Exactly how much concentrate is currently available for sale? 1, 2, 5, 10t???
Who has been booked in to install the liner and for which date? How long did the contractor indicate it would take?
What is the current progress of the drilling team? and at what rate of drilling are they currently achieving?
I think owing to the delays and communication given to date these minor details would speak volumes and be welcomed by holders, opposed to investors dont need to know everything and just trust us. Well adapting to current situation would warrant more detail and regular communication imo
ANW Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
