Australia's largest stock trading and investment forum Australia's #1 stock forum

ANX

Click for more information

0.00%

2.2¢ anax metals limited

Ann: Investor Presentation, page-8

First 8 Last

Share
Profile

Follow
emusan

834 Posts.

99

07/08/24

20:07

Post #: 75115377
Share

Originally posted by oldtimer2 ↑

Yes another fluff piece, but a clear message that drilling at Evelyn is designed to boost reserves/resource and give more confidence to funders that this is not just a small 8 year project hardly worthy of the attention of the project financiers. We have a project critical path graphic showing first funding is still due in Q3 2024 through to Q1 2025, with development works underway in Q4. Surely if there was no prospect of this they would have amended the slide?

Well in the ensuing chaos following the latest placement and Wall Street jitters I’ve been able to average down nicely, although like most I’m well under water on this one and have more than I should have. Watching my profits taken on Droneshield evaporating with ANX.

I’d be surprised if we fall much more, but without getting the project underway there is no revenue and ultimately no asset.

Having bought some yesterday I guess I should reinstate my buy sentiment.

Expand

good luck to you and all of us I guess
What's another year to wait.. if it comes off then we're all win.
Just needs management to stop talking crap and actually get this company moving or take huge salary cuts whilst they do.

ANX Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

The winners & losers on market if negative gearing were gone

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 43 more messages in this thread...

First 8 Last

Add ANX (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $15.28M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$18.40K	856.9K

Buyers (Bids)

No.	Vol.	Price($)
2	740607	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	125000	1

View Market Depth

No.	Vol.	Price($)
2	740607	0.022
2	557602	0.021
3	699750	0.020
2	252684	0.019
5	661482	0.018

Price($)	Vol.	No.
0.023	125000	1
0.024	44892	1
0.025	65000	2
0.026	28000	1
0.027	231500	2

Last trade - 12.24pm 27/09/2024 (20 minute delay)

ANX (ASX) Chart