If the are 100% confindednt Granville can be cash flow positive even with tin being at what seems the low point in the price cycle then put all focus in Tassie with all profits put towards paying off Lind, then focus the attention on extending the life of mine and drilling at Taronga.. They will provide an update next week so it will be interesting what comes from it.
If they are not confident of positive cash flow then they will have to hault any works at Granville until the tin price recovers as they are in no position to be bleeding cash. Try and sell the QLD tenements to the highest bidder in the meantime.
ANW Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
