Good to see some price action for ANM, which has been very rare...

Good to see some price action for ANM, which has been very rare of late.

This announcement looks good to me, turning a profit can't be bad. They seem to be borrowing a bit to expand and I hope they don't overdo this. It seems the demand is there and they are doing good business.

I've been in ANM for years and unfortunately have only lost money. However, I have great faith in the Mg alloys they have the rights to sell. If mobile phones and Ipads start using AM-Lite in their casings and engine blocks start being made with AM-SC1 and AM-HP2 this stock could really fly. It seems though that widespread use of their alloys is still some way off.

Having their own foundry to cast demos and test stuff is, I think, a good thing. Especially when the foundry is turning a dollar in the process.