Thinking about "debt" in this current climate and just wondering whether well timed CRs might be a better option? AR1 is in VA, 29M aren't making a profit and TNC is also struggling (XS plant issues & being screwed by Glencore).
HGO seem to be on track towards positive cash flow after starting production only 7 months ago !!! They don't have any debt from what I can tell - funded through CRs.
Debt seems to be a noose around the neck of some companies - especially if they encounter issues during construction / initial ramp up.
Anything to reduce the amount of debt ANX takes onboard might be a good thing - just some Sunday night musings ..........
ANX Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
